Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    739 North Mountain Rd Newington, CT 06117

    Sponsored
    For Lease
    $2,500 /Mo ($12 SF/Yr)

    Commercial For Lease - Newington, CT

    Property size:
    2,500 SF
    Lot size:
    0.91 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 22 at 3:06 am

    Property Features for 739 North Mountain Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I
    APN
    661443
    Parking
    6
    Parking features
    Paved or Surfaced
    Interior features
    32" Minimum Door Widths, Accessible Bath, Bath Grab Bars, Employee Lounge, Loading - Dock Height, Loading - Grade
    Exterior features
    Gutters, Lighting, Loading Dock/Grade, Outside Storage Area, Doors - Under 10 Ft, Door Sign
    Accessibility
    Accessible Approach with Ramp
    Size
    2,500 SF
    Lot size
    0.91 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Flat
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Carla Juvencio

    Precision Realty Group (860) 808-2000 [email protected]

    Listing agent Carla Juvencio (860) 808-2000

    Listing date Jan 15, 2026

    MLS# 24148603 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Newington Flex Space For Lease

    This versatile flex-use commercial space in Newington, CT, offers approximately 2,000 square feet of warehouse area and 500 square feet of office/retail space, suitable for a wide range of business uses. The property features gas heat and updated electrical systems. It includes two bathrooms, one of which is handicap accessible. The unit is currently under construction, offering tenants the opportunity to customize the layout and finishes. The landlord is open to build-to-suit options. Additional features include a secured parking lot and a loading dock with both ground-level and truck-level access. Located on Mountain Road in a highly desirable and accessible area, the property offers excellent visibility. The lot size is 0.91 acres. The zoning is 'I'.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    B & S Global ... Shipping Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7161131
    Latitude
    41.7223971

    Nearby Similar for Lease

    • Contact for pricing
      5,001 SF

      Retail Center with High Traffic

      Retail spaces available in high-traffic Newington shopping center.
      162 Kitts Ln, Newington, CT 06111
      View Details
    • $1,500 /Mo

      Newington Retail/Office Space Available

      1,000 SF retail/office space in Newington Center.
      142 Market Sq, Newington, CT 06111
      View Details
    • $15 SF/Yr

      Downtown Newington Retail/Office Space

      High-visibility retail or office space in a bustling downtown location.
      25 Market Sq, Newington, CT 06111
      View Details
    • $6 SF/Yr
      614,600 SF

      Newington Warehouse Space Available

      Modern industrial space, flexible layouts
      353 Alumni Rd, Newington, CT 06111
      View Details
    • Contact for pricing
      2,583 SF

      Retail Space in Newington Center

      Retail space for lease in Newington, Connecticut.
      3333 Berlin Tpke, Newington, CT 06111
      View Details
    • Contact for pricing
      8,426 SF

      Berlin Turnpike Retail Center

      Newington, CT Shopping Center - 8,426 SF
      3475 Berlin Tpke, Newington, CT 06111
      View Details
    • $12 SF/Yr
      63,000 SF

      175 Lowrey Pl: Retail Space Available

      Newington, CT retail/restaurant space. Multiple units available.
      175 Lowrey Pl, Newington, CT 06111
      View Details
    • Contact for pricing
      3,296 SF

      Retail Space in Newington Center

      Retail space available in new mixed-use development near Hartford.
      3323 Berlin Tpke, Newington, CT 06111
      View Details
    • $20 SF/Yr
      86,000 SF

      Town Line Business Park Offices

      Newington, CT: Flexible Office & Warehouse Space
      205 Kelsey St, Newington, CT 06111
      View Details
    • Contact for pricing
      4,105 SF

      Restaurant/Retail Space For Lease

      Restaurant/retail property available for lease in Newington, Connecticut.
      3420 Berlin Tpke, Newington, CT 06111
      View Details
    • Contact for pricing
      1,542 SF

      Retail Space on Berlin Turnpike

      Retail space in high-traffic Newington location near CCSU.
      2993-3005 Berlin Tpke, Newington, CT 06111
      View Details
    • Contact for pricing
      2,900 SF

      Medical Office Complex Space Available

      Medical office suites available in a high-traffic complex.
      505 Willard Ave, Newington, CT 06111
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile flex-use space with warehouse and office/retail areas.
    Where is this flex space located?
    The property is located at 739 North Mountain Rd Newington, CT.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Mountain Road in Newington with excellent visibility.; - Versatile flex-use space with warehouse and office/retail areas.; - Opportunity to customize layout and finishes during construction; build-to-suit options available.
    (860) 808-2000
    Request Owner's contact information
    739 North Mountain Rd Newington, CT 06117
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    739 North Mountain Rd
    Newington, CT 06117
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    739 North Mountain Rd Newington, CT 06117
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carla Juvencio
    (860) 808-2000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.