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    162 Kitts Ln Newington, CT 06111

    For Lease
    Contact for pricing

    Retail spaces available in high-traffic Newington shopping center.

    Property size:
    5,001 SF
    Lot size:
    21.66 Acres

    Property Features for 162 Kitts Ln

    General Information

    Size
    5,001 SF
    Lot size
    21.66 Acres

    Source: R.J. Brunelli & Co Agent Mario Brunelli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center with High Traffic

    Located approximately 5 miles from downtown Hartford, CT, this shopping center is anchored by Stop & Shop, Petco, and Planet Fitness. Planet Fitness is ranked second out of six locations for store visits within a 10-mile radius. Situated on U.S Highway 5, a major retail hub, the location benefits from high traffic, with an estimated 37,100 cars passing through the intersection daily. The surrounding area has an average household income of $95,858 within a 5-mile radius and a population of 215,580 people. There are four spaces available, including one currently occupied by Bob Stores on a month-to-month lease. One available space, comprising 11,684 square feet, was previously used as an urgent care facility and is available for immediate occupancy for medical purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Turnpike Plaza - Newington, Oneil Plaza, Turnpike Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7075411
    Latitude
    41.6815416

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in high-traffic Newington shopping center.
    Where is this shopping center located?
    The property is located at 162 Kitts Ln Newington, CT.
    What are key features of this property?
    This property features: - High Traffic Location: Situated on U.S. Highway 5 with approximately 37,100 vehicles passing daily.; - Strong Demographics: Affluent area with an average household income of $95,858 within a 5-mile radius and a population of 215,580.; - Anchor Tenants: Includes established businesses like Stop & Shop, Petco, and a high-performing Planet Fitness.
    (786) 570-9723
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    Realmo Value Estimation

    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.

    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.

    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
    162 Kitts Ln Newington, CT 06111
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