Description

Bring your business to a shopping center that spans two cities! The Stratford Plaza is shared by both the Town of Stratford and the city of Bridgeport, and benefits from the variety of middle income population found in each area. This popular commercial location has 300 feet of road frontage on a major route connecting the two cities, and offers spectacular visibility and a wide range of consumer attractions inside its many doors.

Area Demographics:

                               Stratford                           Bridgeport

Population                47,835                               141,614
Pop./Square mile      2,721                                   8,851
# of Households      18,806                                50,144

Located in Fairfield County, which is considered to be one of the highest income counties in the United States, Bridgeport is the number one most populated city in all of Connecticut. There is a strong network of major roads surrounding this area, including neighboring Stratford, which is not surprising considering New York City is only about an hour’s drive away. U.S. 1 is the main route that winds through the cities and towns along the Long Island Sound, and is home to a mixture of residences and commercial buildings. In the Stratford/Bridgeport area, this major traveling route is known as Boston Avenue, and is also where this prime leasing opportunity is conveniently located. Minutes away is Interstate 95, the country’s east coast highway that runs from Maine to southern Florida. Avenues, museums, and even a bowling alley pay tribute to the highly respected P.T. Barnum, notorious for helping to create the Barnum & Bailey Circus, and also for serving as mayor of Bridgeport in 1875. Referred to as “Park City”, Bridgeport has 26 well-maintained parks, Seaside Park being perhaps the most delightful with 325 acres cradled by the Long Island Sound.

Your opportunity to tap into this area’s bustling economy awaits at 300-360 Boston Avenue, where Stratford Plaza covers a sprawling 8.53 acres. This is the one retail location in the immediate area and allows visitors a combination of services, dining establishments, and grocery options. Economical shopping options currently operating include a Family Dollar, a discount beauty supply, 99 cent store, and a rent to own furniture and appliance shop. Other businesses offering services include a nail parlor, an insurance agency, and dry cleaners. Dining possibilities are Dunkin Donuts, a Chinese restaurant, and a deli. Any new business opening its doors in this center will certainly be visible by the multitude of consumers visiting the plaza for all these destinations and many more!

Property Highlights:

• Parking for 323 cars
• Large section of lot recently repaved, with plans to continue
• Approximately 65,117 square feet
• 300 feet frontage on major route connecting Bridgeport and Stratford
• Excellent visibility in desireable residential neighborhood
• Spans two densely populated cities
• 15 units ranging from 860 to 22,190 square feet
• 95% occupied in the last 10 years

Located just one mile on away on Mill Hill Avenue is Bridgeport’s third largest employer, Bridgeport Hospital,with approximately 1,700 employees. Also nearby is Warren Harding High School, with an enrollment of about 1,200 students and staff of about 100. A couple of miles further is the area’s largest employer, People’s Bank, which employs about 3,500 people. University of Bridgeport has a beautiful campus on the Sound, and has an enrollment of approximately 5,323 students and has around 200 employees. The university has had an incredible increase in enrollment since 1992, when just 1,383 students attended the college. Stratford is proud to be home to Sikorsky Aircraft, originated in 1925 by founder Igor Sikorsky, who developed the first successful helicopter in the United States. These helicopters are used by all five branches of the armed forces, as well as in rescue efforts that reportedly have saved an estimated two million lives.

The Bridgeport area has been focusing on progress in industry and improving quality of life for its residents. In an effort to expand its economical resources, there has been an increase in service-related employment options as the city navigates away from the manufacturing plants of their past. Additional plans for improving and revitalizing the surrounding neighborhoods include:

• Demolition and modernization of vacant, unusable buildings
• Neighborhood Revitalization Zones (NRZ’s) are being established, and in Bridgeport much of the focus will be on the development of four schools, as well as the projected needs of the surrounding neighborhoods as they continue to grow.
• An Anti-Blight Ordinance established in 2005 pertains to both occupied and vacant properties and fines property owners for excessive building wear and tear, as well as debris and bulky, unnecessary items cluttering the property.
• The Bridgeport Cultural Assessment Steering Committee has goals to continue the city’s trajectory in a positive direction by developing the area culturally, economically, as well as in the educational and environmental sectors.

Bridgeport and Stratford have so much to offer to their residents, and the Stratford Plaza certainly participates in improving the quality of life and variety of goods and services, as its proven track record supports. Don’t wait until this opportunity disappears, call for information about how to secure your future today!