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    1128 Farmington Ave Bristol, CT 06010

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    For Sale
    $1,589,330

    Retail property with long-term tenant and corporate guarantee.

    Property size:
    3,025 SF
    Lot size:
    0.66 Acres

    Property Features for 1128 Farmington Ave

    General Information

    Size
    3,025 SF
    Lot size
    0.66 Acres

    Source: The Kase Group - Corporate Agent Jason Denham

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

    Overview

    Retail Property on Farmington Avenue

    This retail property has been occupied since 1999 and features a double net lease where the landlord is responsible for the roof and structure. The tenant provides a corporate guarantee from Aspen Dental. The lease includes annual rent increases based on the Consumer Price Index (CPI). The 2024 CAM rec and management fee are equal to 5% of the base rent. The property is located on Farmington Avenue (US Route 6), which sees over 26,300 vehicles per day. Demographics within a 3-mile radius include approximately 63,000 residents with an average household income of $102,669. The property is near major healthcare facilities, including Bristol Health (154 beds) and Hartford Hospital (867 beds). The surrounding area has a strong market with growing healthcare, industrial, and commercial sectors. Major employers nearby include ESPN, Otis Elevator, and Bauer Inc. National retailers in the vicinity include Walmart, Home Depot, ALDI, ShopRite, TJ Maxx, Stop & Shop, Walgreens, CVS, Planet Fitness, AutoZone, Dunkin’, Starbucks, and Panera.
    Insight Report Location Intelligence

    Current Use by Public Records

    Aspen Dental - Bristol, ... Dentist Yutdhasak Kjornrattanawanich Dentist Abunasra Nazeeh DDS Dentist Upstate Family Dental ... Dentist Motto Clear Aligners Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.9059226
    Latitude
    41.6963742

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    FAQs

    What type of property is this?
    Retail space - Retail property with long-term tenant and corporate guarantee.
    Where is this retail space located?
    The property is located at 1128 Farmington Ave Bristol, CT.
    What is the asking price?
    The asking price for this property is $1,589,330.
    What are key features of this property?
    This property features: - Corporate Guarantee by Aspen Dental; - Long-Term Operating History – Occupied Site Since 1999; - Annual Rent Increases Based on CPI
    (925) 390-8518
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    1128 Farmington Ave Bristol, CT 06010
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    Bristol, CT 06010
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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
    1128 Farmington Ave Bristol, CT 06010
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