Contacts
Zach Pranger
Group Realty LLC
Property Details
- Property Type Retail
- Property Size 14,478 SF
- Lot Size 1.03 Acre
- Cap Rate % 7.4
- NOI / YR 181000
- Zoning CB
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 1940
- Year Renovated 2024
- Date Updated Jul 23, 2024
- Building Hours 24/7
- Visibility/Traffic Count (VPD) 25,000
Incredible investment opportunity with this 14,478 sqft retail building located on a 1.03 acre lot in the heart of Downtown Southington on the bustling Main St (Route 10), with a Webster Bank Anchor Tenant alongside its newly installed three lane drive-through service.
The property is fully leased and features multiple units in the inviting lower level, beautifully renovated with new flooring, trim, lighting and paint and two large suites on the second floor, accessible by an ADA compliant elevator or main lobby stairs. The second floor contains a thriving ECommerce Company and is also home to a prestigious Wellness business with eight private session rooms, with the whole floor highlighted by custom handcrafted woodwork and featuring a built-in aquarium with exotic fish.
A perfect addition to your investment portfolio, with NNN leases providing bare minimum landlord responsibilities, start cash flowing from day one! Value add opportunities include developing the 0.65 acres in the back part of the lot (one of the largest parcels in Downtown Southington, Zoning: CB) ideal location for cell tower, and converting remaining leases to triple net. Don’t miss this opportunity to own a piece of the rapidly expanding Downtown Southington!
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Reach out to the broker for more info on lease terms and amenities
Highlights
- Directly in Downtown Southington
- Elevator
- Large Parking Lot
Getting around
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Walk Score ®
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Bike Score ®
Tenants
Tenant Name | Suite Number | Available Area | Expiration Date |
---|---|---|---|
Webster Bank | 1 | 3,000 Sq. Ft. |
Location
- City Southington, CT
- Zip Code 06489
- Market Bridgeport New Haven
Points of Interest
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Berlin
6.40 miles
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Valero
1.27 miles
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Sunoco
1.44 miles
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Tesla Supercharger
1.45 miles
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Mobil
1.47 miles
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7-Eleven
2.14 miles
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Shell
2.41 miles
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Exxon
2.48 miles
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BJ's Wholesale Club
2.49 miles
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TA
2.89 miles
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Cumberland Farms
2.91 miles
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Connecticut Park and Ride
2.06 miles
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Lot A
2.62 miles
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Lot B
2.64 miles
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Rogers Orchards parking
3.30 miles
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GE Parking
5.10 miles
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Thai Kitchen 4
0.12 miles
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Subway
0.17 miles
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Nonnas Pizza
0.18 miles
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Dunkin'
1.00 miles
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Chip's
1.50 miles
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Tokyo Sushi
1.50 miles
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LongHorn Steakhouse
1.55 miles
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Wendy's
1.81 miles
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Denny's
2.39 miles
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Chili's
2.45 miles
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Stop & Shop
1.03 miles
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Target
1.42 miles
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Walmart
1.69 miles
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ShopRite
2.56 miles
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ALDI
2.73 miles
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Bear Creek General Store
3.59 miles
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Gnazzo Food Center
4.90 miles
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TJ Maxx
4.91 miles
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Boscov's
4.95 miles
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Westfield Meriden
5.00 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Zach Pranger
Group Realty LLC