Commercial Building for Lease. For Lease at $10.00/SF Gross + Expenses

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Commercial Building for Lease EXECUTIVE SUMMARY 232-242 Boston Post Road Milford, Connecticut 06460 For Lease at $10.00/SF Gross + Expenses 5,750 SF freestanding building with direct access from Plains Road or Boston Post Road. Adjacent to Aldi Food Market and a new Cumberland Farms Service Station. Building situated on 4 acres in common, abundant parking. Two drive-in doors and one dock for loading. 0.3 miles to I-95, Exit 36 (Plains Road) and 2.4 miles to Route 15 (Merritt Parkway). Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

For Lease 232-242 Boston Post Road Contents Milford, Connecticut 06460 Fact Sheet 3 Site Plan 4 Location Map 5 Photo Gallery 6 Zoning Regulations 7 Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. 2

For Lease 232-242 Boston Post Road Fact Sheet Milford, Connecticut 06460 Prime Milford Location Available: 5,750 SF commercial building for lease adjacent to Aldi Food Market in the Gloria s Shopping Center and a new Cumberland Farms service station. Direct access to property via Plains Road or from Boston Post Road. Building is situated with abundant parking in common. 0.3 miles from I-95, Exit 36, Plains Road and 2.4 miles to Route 15 (Merritt Parkway). The Site Features Space Available: 5,750 SF Traffic Count: 12,900 daily volume Total Building Size: 5,750 SF Parking: In common Land: 4 acres in common Ceiling Height: 13' Zoning: Loading: One dock, 2 Drive-in doors Year Built: Construction: Stories: 1950, renovated 1990 Block/Brick One Utilities Power: 100 Amps Tenancy: Multiple Floor: First Three Mile Demographics Population: 53,223 Median HH Income: $84,066 Five Mile Demographics Population: 134,807 Median HH Income: $76,206 Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. 3

For Lease 232-242 Boston Post Road Site Plan Milford, Connecticut 06460 Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. 4

For Lease 232-242 Boston Post Road Floor Plan - NOT TO SCALE Milford, Connecticut 06460 Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. 5

For Lease 232-242 Boston Post Road Location Map Milford, Connecticut 06460 232-242 Boston Post Road 0.3 miles from I-95, Exit 36, Plains Road 2.4 miles to Route 15 (Merritt Parkway) Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. 6

ZONING REGULATIONS Milford, CT Corridor Design District () Please visit the City of Milford website for complete zoning regulations. Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. No warranty of representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. 7

SECTION 3.16 DESIGN: CORRIDOR DESIGN DEVELOPMENT DISTRICT 1 COMMUNITY Purpose: The purpose of the Corridor Design Development District 1 Community Design is to enhance a section of U.S. Route 1 which serves as a gateway to Milford as well as a location of uses which support the tax base, provide goods and services, and housing development which transitions to adjacent neighborhoods. As is the case with all Corridor Design Development Districts, a high level of design is established for the review of development proposals within the Site Plan review procedure. 3.16.1 Permitted Uses: Subject to all other applicable provisions and limitations of these Regulations, the Board shall permit the following buildings or uses in the Corridor Design Development District 1 Community Design, subject to Site Plan Approval in accordance with ARTICLE VII, herein. 3.16.1.1 Stores for sale of goods or for performance of personal services, provided that the floor area shall not exceed 10,000 square feet nor have a drive-up window service. 3.16.1.2 Food or beverage service establishments, without the sale of alcoholic liquor, except as otherwise provided herein. This shall not include fast food restaurants as defined in Article XI, 11-2. 3.16.1.3 Offices for business, financial, professional or personal services or other similar offices, provided that the floor area shall not exceed 10,000 square feet. 3.16.1.4 Building equipment, merchandise, materials or supply businesses, provided that the principal use is within a completely enclosed building. 3.16.1.5 Printing or publishing establishments, provided that the floor area shall not exceed 3,000 square feet per establishment. 3.16.1.6 Metal, woodworking or other similar shops or repair services, provided that the floor area shall not exceed 3,000 square feet per shop. 3.16.1.7 Self-service laundry not using steam, provided that the floor area shall not exceed 1,500 square feet per establishment. 3.16.1.8 Dry cleaning or dyeing establishments using non-flammable solvents, provided that the floor area shall not exceed 3,000 square feet per 8

Zoning Regulations City of Milford Connecticut establishment and subject to approval of the cleaning solvents by the Fire Department and approval of the method of waste disposal by the Departments of Public Works and Public Health. 3.16.1.9 Off-street parking garages or lots. 3.16.1.10 Mixed Use buildings containing two or more Permitted Uses. 3.16.1.11 Sale of alcoholic liquor subject to the applicable provisions of Section 5.5 herein. 3.16.1.12 Commercial schools as defined herein. 3.16.1.13 Health centers or clubs, including reducing salons, steam baths or other similar uses. 3.16.1.14 Outdoor places of entertainment, amusement, recreation or assembly such as miniature golf, golf driving range or other similar open space uses. 3.16.1.15 Drive-in establishments, as defined herein and including retail sales with curb service and carry out food service. 3.16.1.16 Eating places containing a minimum floor area of 2,000 square feet, subject to the provisions of Section 5.5 herein, notwithstanding Sections 5.5.1.2 and 5.5.4.1. 3.16.1.17 Veterinary hospitals. 3.16.2 Special Uses: Subject to all other applicable provisions and limitations of these Regulations, the Board may allow the following buildings or uses, subject to Special Permit and Site Plan Approval in accordance with ARTICLE VII herein. 3.16.2.1 Mixed use buildings containing dwelling units, subject to the following conditions and safeguards: (1) No mixed use building shall have more than 67% of the total gross floor area devoted to residential use. (2) Each dwelling unit shall comply with the following minimum floor area requirements: 9

Zoning Regulations City of Milford Connecticut (a) Efficiency bedroom unit: 425 square feet (b) One bedroom unit: 575 square feet (c) Two bedroom unit: 750 square feet (d) Three bedroom units: 925 square feet (e) Plus 175 square feet for each additional bedroom over three. 3.16.2.2 Multi-family residential buildings when at least 30% of the units are defined as affordable housing in accordance with Section 8-30g of the Connecticut General Statutes. (1) Such developments shall be limited to efficiency, one bedroom and two bedroom units. (2) The maximum number and designation of all units by type shall be determined by allocating the total area of the tract of land in accordance with the following schedule: (a) 1,000 square feet per one bedroom or efficiency unit; and (b) 2,000 square feet per two-bedroom unit. (3) The maximum building coverage shall be twenty five percent (25%); maximum lot coverage shall be sixty percent (60%). (4) The minimum size of the living area of each type of unit shall be determined in accordance with the following schedule: (a) Two-bedroom Units - 900 sq. ft. minimum; (b) One-bedroom Units - 800 sq. ft. minimum; (c) Efficiency Units - 450 square feet per unit minimum. (5) The minimum lot size shall be 40,000 square feet. (6) No building shall exceed three (3) stories nor forty (40) feet in height. 3.16.2.3 Commercial garage, gasoline station, vehicle repair and/or service garage, vehicle dealership, vehicle washing establishment, or other similar uses; subject to all applicable provisions of Section 5.4 herein. 3.16.2.4 Hotels or motels containing a minimum of fifty (50) rooming units, subject to the following conditions and safeguards: 10

Zoning Regulations City of Milford Connecticut (1) Rooming Units: Each rooming unit shall have a minimum floor area of 250 square feet and shall contain private bathing, lavatory and flush toilet facilities. (2) Common Floor Area: There shall be provided lobby and common floor area, excluding hallways, equal to at least 5% of the total floor area of all rooming units, but not less than 300 square feet. (3) Site Plan Requirements: Any application for new buildings or structural alterations shall be accompanied by building plans, floor plans and elevations prepared by a Registered Architect and/or Professional Engineer and by a detailed landscaping plan showing all grading, drainage, fences, walls, shrub and tree plantings, and other landscaping features. (4) Utilities: No hotel or motel shall be approved by the Board unless the building is served by an approved public sanitary sewerage system. (5) Minimum Lot Requirements: Lot Area per rooming unit: 1,100 square feet. (6) Minimum Yard and Open Space Requirements: (a) Principal Uses: Front Yards: 50 feet; Side and Rear yards: 10 feet, or 25 feet if contiguous to any Residential District. (b) Accessory Uses: Front, side and rear yards for parking, loading and vehicular access areas shall not be less than 10 feet. Front, side and rear yards for other accessory uses, exclusive of signs, shall not be less than the principal use yard requirements. (c) Buffer Strip: A Buffer Strip shall be required in accordance with Section 3.16.4.2(4) herein. (7) Building Requirements: Building requirements shall be subject to the provisions of Section 3.16.4.3 herein, except that the building area shall not exceed 25 percent. 3.16.2.5 Clubs, lodges or fraternal organizations in accordance with the provisions of Section 3.8.2.1 herein. 3.16.2.6 Churches or religious institutions. 11

Zoning Regulations City of Milford Connecticut 3.16.2.7 Public charitable institutions. 3.16.2.8 Library, community center or other public buildings. 3.16.2.9 Parks, playgrounds or other public facilities. 3.16.2.10 Public utility buildings or facilities. 3.16.2.11 Mixed use buildings containing one or more Special Uses. 3.16.2.12 Indoor places of entertainment, amusement, recreation or assembly, such as theaters, billiard rooms, bowling or other similar indoor uses. 3.16.2.13 The manufacturing, fabricating, assembling or processing of goods and products; provided that the use, as well as storage and accessory uses, are completely within an enclosed building. 3.16.2.14 Stores for sale of goods or for the performance of personal services when the floor area exceeds 10,000 square feet or has drive-up window service. 3.16.2.15 Fast food restaurants as defined in Article XI, 11-2. 3.16.2.16 Restaurants with an outdoor customer dining area as defined in Section 11-2. 3.16.2.17 Offices for business, financial, professional or personal services or other similar offices when the floor area exceeds 10,000 square feet. 3.16.2.18 Accessory buildings or uses clearly subordinate and customarily incidental to and located on the same lot with any of the foregoing Special Uses may be approved by the Board in the same manner as a Permitted Use, unless the Board requires a public hearing. Those not complying with 3.16.3.3 shall require a Special Permit. 3.16.2.19 Extended stay hotels. 12

Zoning Regulations City of Milford Connecticut 3.16.2.20 Other related or equivalent principal buildings or uses, which are not specifically listed and are not prohibited, may be permitted by the Board by Special Exception in accordance with Section 7.3. 3.16.2.21 Any building may be converted to 100% residential use exceeding the 50% limitation imposed by Section 3.16.2.1(1). Such building shall be subject to the provisions of 3.16.2.2. 3.16.3 Accessory Uses: The following accessory uses shall be allowed: 3.16.3.1 Converting, altering, finishing, cleaning, assembly or other processing of products which is clearly subordinate and customarily incidental to the principal use and where goods so produced or processed are used or sold exclusively on the premises; provided that the area used for such purposes shall be within a completely enclosed building. 3.16.3.2 Accessory outside storage of equipment, merchandise, materials or supplies which is clearly subordinate and customarily incidental to the principal use and where goods so stored are used or sold exclusively on the premises; provided that the area used for outside storage shall be limited to 15% of the lot area and shall be effectively screened on all sides by appropriate structures, fencing, walls or landscaping of suitable type, density and height, as determined by the Board. 3.16.3.3 Other accessory buildings or uses which are clearly subordinate and customarily incidental to and located on the same lot with the principal use, and that will not be hazardous to the public health, safety and welfare. 3.16.3.4 Off-street parking and loading in accordance with Section 5.1, herein; except that off-street parking, loading, and vehicular access shall be provided in the manner and to the extent determined by the Board to be adequate for any mixed use building notwithstanding the applicable provisions of Section 5.1.4, herein. 3.16.3.5 Signs: In accordance with Section 5.3, herein. 3.16.4 Lot and Building Requirements: Buildings and uses shall comply with all lot and building requirements as set forth hereinafter. 13

Zoning Regulations City of Milford Connecticut 3.16.4.1 Minimum Lot Requirements: (1) Lot Area: 10,000 square feet (2) Lot Width: 50 feet (3) Lot Depth: 100 feet 3.16.4.2 Minimum Yard and Open Space Requirements: (1) Principal Uses: (a) Front Yard: 20 feet (b) Side & Rear Yards: None required, but at least 4 feet if provided. Lots adjacent to any Residential District shall comply with 3.16.4.2(4). (2) Accessory Buildings: Front yard same as for principal uses. Side and rear yards are not required, but shall be at least four (4) feet, if provided. (3) Usable Open Space Per Dwelling Unit: (a) (b) (c) (d) Efficiency Unit: 300 sq. ft. One Bedroom Unit: 400 sq. ft. Two Bedroom Unit: 800 sq. ft. Three or More Bedroom Unit: 1,200 sq. ft. (4) Buffer Strip: An adequate buffer strip, in accordance with Article V Section 5.14 shall be provided adjacent to any Residential District. Said buffer strip shall be equal to or greater than 10% of the average lot width for side yards or average lot depth for rear yards, whichever is applicable but not less than 20 feet; except that the Board may substitute, for a required 10 foot buffer, appropriate fencing or landscaped berm of suitable type and height which shall be installed and maintained by the applicant to effectively screen the use from adjoining Residential Districts. 3.16.4.3 Building Requirements: (1) Design: Buildings shall be designed in such a manner as to be compatible with the lot and in harmony with the general character and appearance of the surrounding neighborhood. Specific attention shall be given to the physical relationship to adjacent residential areas as well as the view from such areas. 14

Zoning Regulations City of Milford Connecticut (2) Length: Buildings shall not be of such unreasonable length as to adversely affect the general character and appearance of the surrounding neighborhood. (3) Height: No building or structure shall exceed 40 feet in height. (4) Spacing: Group buildings on a single lot shall be so arranged that the minimum distance between principal and/or accessory buildings shall be equal to or greater than one-third the sum of the heights of the affected buildings; exclusive of parking structures which are designed to function in conjunction with a principal building. (5) Building Area: A maximum of 50 percent or less as required by off-street parking and loading regulations. (6) Floor Area Ratio: A maximum of 1.0 FAR, exclusive of accessory parking garages and structures. (7) Access Management: The points of vehicular access to Route 1 shall be limited to one (1) for each fifty (50) feet of street frontage. (8) Landscaping: All site landscaping must comply with the provisions of Article V, Section 5.14 3.16.5 Prohibited Uses: The following uses shall be expressly prohibited. 3.16.5.1 No required parking or loading area shall be used for the storage of new or used vehicles for sale or hire, or for the storage of unregistered vehicles. 3.16.5.2 No principal warehouse or storage, junk yard, or principal outside storage yards shall be permitted. 3.16.5.3 No trucking terminal facilities for handling freight or material with or without maintenance facilities shall be permitted; except for clearly subordinate and customarily incidental delivery departments or off-street loading facilities operated by business concerns for their own uses. 3.16.5.4 Any building or use which will not comply with the Performance Standards of Section 5.11 shall be prohibited. 15