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    5 Ml St Farmington, CT

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    For Lease
    $15 SF/Yr ($16,668 /Mo)

    12,633 SF retail space in the heart of Farmington.

    Property size:
    12,913 SF
    Lot size:
    1.33 Acres

    Property Features for 5 Ml St

    General Information

    Size
    12,913 SF
    Lot size
    1.33 Acres

    Source: Sullivan Hayes Northeast Agent Brian Knowles

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

    Overview

    Former Walgreens Retail Space Available

    This 12,633 square-foot retail space, formerly a Walgreens, is available for sublease through April 30, 2034. Situated on 1.2 acres, the property features a streetscape design in a downtown setting. Located in the heart of The Farmington Valley, the site benefits from strong traffic counts and excellent visibility. Plentiful off-street parking is available.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Similar Places Nearby

    UCONN Health Pharmacy Services Inc

    Map

    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8072342
    Latitude
    41.7324663

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    FAQs

    What type of property is this?
    Drug store - 12,633 SF retail space in the heart of Farmington.
    Where is this drug store located?
    The property is located at 5 Ml St Farmington, CT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Sublease thru 4/30/2034; - 12,633 SF on 1.2 acres; - Strong traffic counts and excellent visibility
    (413) 433-6492
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    5 Ml St Farmington, CT
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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
    5 Ml St Farmington, CT
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