Listing Agency: Kite Realty Group - Corporate c***@srsre.com Show Phone

Listed By: Bryan Wright Show Phone

Source: Moodyscre

Added: Dec 12, 2023 Changed: Jul 10 Last Checked: Jul 21 at 3:06AM

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Investment Insights

Based on property information with market context.

This retail space is located within a dominant regional shopping center that features a comprehensive collection of national retailers. The shopping center is situated along Interstate 395, the main north/south artery in northeast Connecticut. Anchors of the shopping center include Lowe’s, Target, Michaels, Petco, Old Navy, Staples, Stop & Shop Supermarket, and T.J. Maxx. The available space measures 7468 square feet.

Key Highlights

• Anchored by Lowe’s, Target, Michaels, Petco, Old Navy, Staples, Stop & Shop Supermarket, and T.J. Maxx.
• Dominant regional shopping center.
• Situated along Interstate 395.

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Storage Facility Garden Center Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

351

Businesses Nearby

460k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 24% Apparel 18% Shops & Services 17% Superstores 14%

Target Superstores

65,416 visits/mo 0.1 miles

T.J. Maxx Apparel

46,921 visits/mo 0.2 miles

Stop & Shop Groceries

31,108 visits/mo 0.2 miles

Lowe's Home Improvements & Furnishings

30,244 visits/mo 0.2 miles

McDonald's Dining

26,411 visits/mo 0.1 miles

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

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space available in a dominant regional shopping center.

Where is this shopping center located?

The property is located at 581-2177 Hartford Pike Killingly, CT.

What are key features of this property?

This property features: Anchored by Lowe’s, Target, Michaels, Petco, Old Navy, Staples, Stop & Shop Supermarket, and T.J. Maxx.; Dominant regional shopping center.; Situated along Interstate 395.