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    3420 Berlin Tpke Newington, CT 06111

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    For Lease
    Contact for pricing

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

    Property size:
    4,105 SF
    Lot size:
    1.13 Acres

    Property Features for 3420 Berlin Tpke

    General Information

    Size
    4,105 SF
    Lot size
    1.13 Acres

    Source: Sullivan Hayes Northeast Agent Jack Hayes

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

    Overview

    Restaurant/Retail Space For Lease

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Friendly's American Restaurant

    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
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7254354
    Latitude
    41.6541282

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    FAQs

    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
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    3420 Berlin Tpke Newington, CT 06111
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    Newington, CT 06111
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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
    3420 Berlin Tpke Newington, CT 06111
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