|
|
RESTAURANT-READY NNN LEASE | WOODMONT BEACH, MILFORD CT Exceptional opportunity to lease a high-visibility restaurant or cafe space just steps from the shoreline in Woodmont Beach, one of Milford's most sought-after coastal communities. Zoned for retail/restaurant use, this location is ideal for an established operator or group looking to bring a signature concept to market in a thriving, walkable neighborhood. Offering strong foot traffic, a vibrant year-round local population, and direct beach access, this site is well-positioned for a coffee shop, elevated casual or fine dining concept, coastal wine bar, or boutique cafe. Outdoor dining is possible with space for pergola or patio seating, enhancing the beachside customer experience. Key Highlights: NNN Lease Structure - ideal for long-term operators Highly Visible Beach Location - steps from water with strong pedestrian exposure Retail Zoned - approved for restaurant, food & beverage, fitness, and boutique retail Ideal for Hospitality Concepts - surrounded by residences, parks, and local attractions Build-to-Suit Potential - ready for custom kitchen, bar, or service layout Dedicated Entrance & Street Presence - maximum brand exposure in a coastal community Woodmont is a destination neighborhood with a tight-knit local base and seasonal tourism demand. Bring your brand to Milford's waterfront and capitalize on one of the few true walk-to-the-beach commercial spaces available on shore!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$30
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $24 | $24 | $24 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $0 | $0 | $0 |
| Total Monthly Payment | $75 | $75 | $75 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.