Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space on Main Street Title is generated by Realmo AI

    775 Main St S, Southbury, CT

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Highly visible retail space with affluent customer base.

    Type:RETAIL
    Property size:
    9,000 SF
    Lot size:
    19.92 Acres
    Added:
    Feb 10, 2023
    Days on Market:
    1209
    Last Refresh:
    May 20 at 8:07 pm

    Property Features for 775 Main St S

    General Information

    Standard status
    Active
    Size
    9,000 SF
    Lot size
    19.92 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 775 Main St S Contact us

    We can help!

    Listing Contact
    Richard Schnider
    Richard Schnider

    Listing agent Richard Schnider

    Listing office TRUE Commercial Real Estate

    Listing date Feb 10, 2023

    Source Moodyscre

    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 TRUE Commercial Real Estate

    HighLights

    • Highly visible location just off I‑84.
    • Daily traffic count of 20,000 +/- vehicles per day.
    • Located on main street.
    • Affluent customer base.
    • Mix of national lifestyle retailers.

    Overview

    This 9,000 square foot retail space is located on Main Street. The location benefits from a daily traffic count of approximately 20,000 vehicles per day. Situated just off I-84, the property offers high visibility and access to an affluent customer base. The surrounding area features a mix of national lifestyle retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Watercolor Nails & Spa Nail Salon Chase Bank Bank Southbury Green Shopping Center & Mall MyEyeDr. (Bike/Boat/Book/etc) Store LOFT Clothing & Fashion Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Southbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.2311
    Latitude
    41.4624

    Nearby Similar for Lease

    • $18 SF/Yr
      9,441 SF

      Class A Office Space Available

      9,441 SF Class A office space for lease.
      466 Heritage Rd 4, Heritage Village, CT 06488
      View Details
    • $13 SF/Yr
      1,801 SF

      Turnkey Office Space in Southbury

      Professional office space with flexible layout and abundant natural light.
      466 Heritage Road #2, Southbury, CT 06488
      View Details
    • $3,000/Mo

      Furnished Southbury Office Space

      Bright, furnished first-floor office space in Southbury with convenient access.
      1449 Old Waterbury Rd, Southbury, CT 06488
      View Details
    • $18 SF/Yr
      9,441 SF

      Class A Office Space Available

      9,441 SF Class A office space for lease.
      466 Heritage Road #4, Southbury, CT 06488
      View Details
    • $15 SF/Yr
      1,160 SF

      Turn-Key Office Space Available

      Modern office space with abundant natural light and ample parking.
      325 Main St S, Southbury, CT
      View Details
    • $800/Mo
      1,600 SF

      Garage/Storage Units with Drive-in Doors

      Garage/Storage Units with Drive-in Doors Available for Rent
      1369 Southford Rd, Southbury, CT
      View Details
    • $19 SF/Yr
      3,456 SF

      Freestanding Office Building For Rent

      3,456 SF office building in Southbury, CT, near I-84.
      1486 Southford Rd, Southbury, CT
      View Details
    • $2,000/Mo

      Colonial Apartment with Acreage

      One-bedroom apartment in a secluded, conveniently located colonial.
      144 Munn Rd, Southbury, CT 06488
      View Details
    • $650/Mo
      500 SF

      Southbury Office/Commercial Space For Rent

      Small office/commercial space available for rent on busy Southford Road.
      1257 Southford Rd, Southbury, CT
      View Details
    • Contact for pricing
      995 SF

      Southbury Colonial Apartment For Rent

      One-bedroom apartment in a secluded, conveniently located colonial.
      144 Munn Road, Southbury, CT 06488
      View Details
    • Contact for pricing
      1,330 SF

      Retail Space Near I-84

      Retail spaces available in highly visible location with high traffic.
      775 Main St S, Southbury, CT 06488
      View Details
    • $15 SF/Yr
      1,180 SF

      Southbury Office Space Available

      Office space available for lease in Southbury, Connecticut.
      450 Heritage Rd, Southbury, CT
      View Details

    FAQs

    What type of property is this?
    Retail space - Highly visible retail space with affluent customer base.
    Where is this retail space located?
    The property is located at 775 Main St S Southbury, CT.
    What are key features of this property?
    This property features: Highly visible location just off I‑84.; Daily traffic count of 20,000 +/- vehicles per day.; Located on main street.
    (203) 744-7777 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Richard Schnider
    Richard Schnider
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    775 Main St S, Southbury, CT
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!