CVS/Ashley's Furniture of Hamden

As exclusive agent, HLWD Commercial is pleased to offer a 100% Fee Interest in 2045 Dixwell Avenue,
Hamden, CT for sale. This offering represents the opportunity for an investor to acquire a 34,880 SF
dual tenanted CVS and Ashley HomeStore franchised location, including ample surface parking and a
highly visible pylon located directly on Route 10, the start of the Miracle Mile.
Ashley Furniture executed a lease at this location in 2023 at a below market rent as successor to Bed
Bath & Beyond. The 10+ years left on its initial term followed by three five-year options. Ashley
HomeStore corporate sees total revenue of more than $5.7 billion annually, has over 35,000
employees, and operates over 1,000 stores in 60 countries with 6,000 retail partners in 123 countries.
CVS has approximately one year remaining in their initial term at a significantly below market rent with
four (5-year) options to extend, demonstrating their commitment to the site. The lease is absolute
NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity
for a passive investor. CVS is the largest pharmacy chain in the United States with more than 9,900
stores across 49 states, the District of Columbia, and Puerto Rico.
This property is located on the Miracle Mile which is home to most major national and regional
retailers. Route 15 allows regional access to the site from area towns.