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Retail Center For Sale
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Pending

1050 N Main St, Killingly, CT 06241

77,000 SF retail center with 97% occupancy.

Property Size76,960 SF
Days on Market159

Property Features for 1050 N Main St

General Information

Standard status Pending
Size 76,960 SF
Total Parking Spaces 366
Property subtype Retail
Occupancy 97%
Net Operating Income $611,000

Building Details

Year Built 1990
Year Renovated 2012
Buildings 3
Stories 1
Tenancy Multi
Listing Agency: Friedman Real Estate
Listed By: Steven Silverman · License #MI 6501398326
Source: Crexi
Added: Mar 24 Changed: Aug 25 Last Checked: Aug 23 at 9:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate

Investment Insights

Based on property information with market context.

This commercial property is a retail center offering approximately 77,000 square feet of space. The property is currently 97% occupied and is being offered for sale. The property is located in Killingly, CT. The property is being offered with an 8.00% CAP rate.

Key Highlights

  • Excellent investment opportunity with an 8.00% CAP Rate
  • Enjoy steady income with 97% Occupancy
  • Substantial property size at ±77,000 SF

Property Analytics

Current Use

Kohl's Department Store

Suggested Use

Top Pick Auto Repair Shop HVAC Service Law Firm Storage Facility Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
234k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 31% Groceries 24% Home Improvements & Furnishings 17% Shops & Services 17%
Stop & Shop Groceries
31,108 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
30,244 visits/mo 0.4 miles
McDonald's Dining
26,411 visits/mo 0.5 miles
Aldi Groceries
24,765 visits/mo 0.2 miles
Kohl's Apparel
22,940 visits/mo 0.1 miles

Demographics for 06241, CT

6,568
Population
2,841
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
88%
High-School Grad
26.9 sq mi
ZIP Area
244
Density / Sq Mi
$80,547
Median Household Income
$54,693
Median Earnings
$938
Median Rent
$272,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Torrington Plaza 1 N Main St, Dayville, CT 06241
  • Killingly plaza Killingly Shopping Center, 1050-1078 N Main St, Dayville, CT 06241
  • Killingly Commons 581 Hartford Pike, Dayville, CT 06241
  • North Main Street Plaza 1095 Main St, Killingly, CT 06241
  • Aldi Plaza Dayville, CT 06241

Frequently Asked Questions

What type of property is this?
Shopping center - 77,000 SF retail center with 97% occupancy.
Where is this shopping center located?
The property is located at 1050 N Main St Killingly, CT.
What is the asking price?
The asking price for this property is $7,600,000.
What are key features of this property?
This property features: Excellent investment opportunity with an 8.00% CAP Rate; Enjoy steady income with 97% Occupancy; Substantial property size at ±77,000 SF
(888) 737-2264 Call to check price and availability
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