2985 Berlin TpkeNewington, CT 06111
- Other commercial real estate
- 16.29 AC
Property Details for 2985 Berlin Tpke
- Lot size
- 16.29 AC
- Zone code
- PD
- Property type
- Other commercial real estate
- APN
- NEWI M:27 B:149 L:0
- APU
- NEWIM27B149L0
Description
Turnpike Plaza offers two available retail units for lease, totaling 4,273 square feet, in a thriving Newington, CT shopping center. Unit 07A boasts 2,731 square feet with 9'3" ceilings, while Unit 07B offers 1,542 square feet and 9'2" ceilings. Both are suitable for retail, restaurant, or medical uses, and rent is available upon request. This Class A property is situated on the high-traffic Berlin Turnpike (Route 5/15), experiencing over 34,000 vehicles daily, ensuring excellent visibility and accessibility. The center encompasses 150,000 square feet and benefits from a strong demographic base, with over 198,000 people residing within a 5-mile radius. The property features ample parking (300+ spaces) and is anchored by established businesses such as Price Chopper, Chili's Bar & Grill, and others, creating a synergistic retail environment. Nearby national retailers include Walmart, Big Lots, TGI Friday's, and more, further enhancing the location's appeal. This opportunity presents a unique chance to establish or expand your business in a high-demand retail corridor. Contact us today to learn more about leasing options and pricing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $134,282,560
- Hospitality
- $123,002,104
- Educational
- $102,336,304
- Medical
- $105,855,808
- Retail
- $159,189,808
Location Insight
- City
- Newington
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.6687
- Longitude
- -72.7205
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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