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Restaurant/Retail Space For Lease
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3420 Berlin Tpke, Newington, CT

Restaurant/retail property available for lease in Newington, Connecticut.

Space Size4,105 SF
Lot Size1.13 Acres
Days on Market993

Property Features for 3420 Berlin Tpke

General Information

Standard status Active
Size 4,105 SF
Lot size 1.13 Acres
Property subtype RETAIL

Spaces For Lease

at 3420 Berlin Tpke Contact us

3420 Berlin Tpke

Floor
Bldg
Size
4,105 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Newington, CT Friendly’s available For Lease – First time in 25 years - Perfect...
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Listing Agency: Sullivan Hayes Northeast
Listed By: Jack Hayes · License #0810004077
Source: Moodyscre
Added: Jan 4, 2024 Changed: Sep 8 Last Checked: Sep 22 at 9:58PM

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 Sullivan Hayes Northeast

Investment Insights

Based on property information with market context.

A restaurant/retail property is available for lease in Newington, Connecticut. The property, formerly a Friendly’s restaurant, is suitable for various uses including a bank, convenience store, fast casual dining, or quick-service restaurant. Located on a high-traffic median road with limited full-access sites, the property benefits from its location on the Turnpike. The property size is 4,105 square feet. A reciprocal easement agreement (REA) allows for ample parking in an adjacent parking field, in addition to on-site parking. The landlord is willing to renovate the existing building, add to the existing building, or ground lease the entire site to a new tenant.

Key Highlights

  • High traffic location on Turnpike with limited full access sites.
  • Flexible lease options: renovation, expansion, or ground lease.
  • Abundance of parking available via REA with adjacent parking field.

Property Analytics

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Current Use

Friendly's Restaurant

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Real Estate Agency HVAC Service Barber Shop

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

368
Businesses Nearby
628k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 34% Dining 24% Groceries 15% Shops & Services 8%
Sam's Club Superstores
108,360 visits/mo 0.4 miles
Target Superstores
104,227 visits/mo 0.4 miles
Stew Leonard's Groceries
93,634 visits/mo 0.3 miles
Chick-fil-A Dining
43,611 visits/mo 0.4 miles
Burlington Apparel
40,688 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Turn key restaurant - Restaurant/retail property available for lease in Newington, Connecticut.
Where is this turn key restaurant located?
The property is located at 3420 Berlin Tpke Newington, CT.
What are key features of this property?
This property features: High traffic location on Turnpike with limited full access sites.; Flexible lease options: renovation, expansion, or ground lease.; Abundance of parking available via REA with adjacent parking field.
(860) 324-9849 Call to check price and availability
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