The property, at 1212 Boston Post Road, is anchored by Ashley and Old Navy and is being marketed as an investment property by Marcus & Millichap.
A fully occupied retail property along Milford’s Boston Post Road has been put up for sale.
The property, at 1212 Boston Post Road, is anchored by Ashley and Old Navy and is being marketed as an investment property by Marcus & Millichap.
An asking price was not disclosed.
The property is owned by an affiliate of New York-based Mattone Investors, which purchased it for $9.05 million in 2000, according to city property records.
The 7.73-acre property includes two retail buildings. City records list the main building at 61,581 square feet and a second building, constructed in 2014, with 8,500 square feet of finished space.
The property has an appraised value of about $10.1 million and an assessed value of roughly $7 million, according to city records.
The site is located near Interstate 95 and the Connecticut Post Mall. Joseph French of Marcus & Millichap is marketing the property for sale.
