East Haven, Connecticut
Luke Massirio of O,R&L Commercial, LLC brokered the Sale of 96 Frontage Road, East Haven, CT for $2,650,000.00. The 1-story, multi-tenant 7,000 square feet retail building sits on 0.74 acre. The building currently houses 3 tenants, anchored by Dunkin Donuts, Boston Market, and a Smoke Shop. The building is located directly off I-95 in a superb location, 3.5 miles from New Haven CBD/Yale University with heavy traffic counts and strong trade area, featuring National Retailers Home Depot, Hobby Lobby, Carmax, Autozone, Chili’s, etc. There is a stable tenant history, NNN leases and significant term remaining on existing leases.
Luke Massirio from O,R&L Commercial, represented the buyer, Arbaz Holdings LLC, while the seller, Partners 95 LLC, was represented by Michael Richetelli of Colonial Properties.
O,R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords, tenants, sellers and buyers in the office, retail, medical, multi-family, investment and industrial markets.
O,R&L Integrated Services is a full service real estate firm that specializes in Commercial Real Estate Brokerage, Commercial Construction, and Facility Management and Maintenance. For additional information on this sale or other transactions you may contact O,R&L Commercial at 860-721-0033 or 203-488-1555 and for more information regarding O,R&L Commercial, visit online at www.orlcommercial.com.