Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Windsor Locks Retail/Office Space Title is generated by Realmo AI

    60 Main Street 12, Windsor Locks, CT 06096

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,600/Mo $1.52 SF/Yr (calc)

    Office or retail spaces available for lease in Windsor Locks.

    Type:Commercial/Industrial
    Property size:
    12,600 SF
    Lot size:
    1.83 Acres
    Added:
    Jun 17, 2024
    Days on Market:
    705
    Last Refresh:
    May 19 at 10:38 pm

    Property Features for 60 Main Street 12

    General Information

    Standard status
    Active
    Size
    12,600 SF
    Lot size
    1.83 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1983

    We can help!

    Listing Contact
    Young Lee
    Young Lee

    Listing agent Young Lee License #RES.0798035

    Listing office Houlihan Lawrence WD

    Listing date Jun 17, 2024

    Source Exitrealty

    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 Houlihan Lawrence WD

    HighLights

    • High‑traffic location on the main road in Windsor Locks.
    • Opportunity to lease office or retail space.
    • Two unit sizes available: 975 sq ft and 1450 sq ft.
    • Located in a strip mall.
    • Affordable monthly rent: $1100 or $1600 depending on unit.
    • Year built: 1983.

    Overview

    Located in Windsor Locks, this property offers opportunities to lease office or retail space. The property is situated in a strip mall on a main road with heavy traffic. Unit 12 offers 1450 square feet for $1600 per month, plus electric utility costs. Unit 15 offers 975 square feet for $1100 per month, plus electric utility costs. The property is suitable for commercial real estate purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wise Vapors (Bike/Boat/Book/etc) Store S. New China Restaurant Eastern Services & Camp ... Social Service Agency SunPC Tech Computer & Electronic Repair The Smoke Shop (Vape ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Windsor Locks
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6296499
    Latitude
    41.9401986

    Nearby Similar for Lease

    • $460/Mo
      210 SF

      Flexible Office Space Near Airport

      Cost-effective office spaces with utilities included, near Bradley Airport.
      8 Ella Grasso Turnpike, Windsor Locks, CT 06096
      View Details
    • $7 SF/Yr
      2,550 SF

      Windsor Locks Warehouse For Lease

      2,550 SF warehouse space near Bradley Airport available for lease.
      6 Industrial Road, Windsor Locks, CT 06096
      View Details
    • $12 SF/Yr
      2,000 SF

      Retail Space in Windsor Locks

      2,000 SF retail space available for lease.
      4 National Dr, Windsor Locks, CT
      View Details
    • $17 SF/Yr
      1,125 SF

      Windsor Locks Warehouse Unit

      Industrial warehouse unit featuring drive-in door and clear span.
      200 Old County Cir, Windsor Locks, CT
      View Details
    • $9 SF/Yr
      83,200 SF

      High-Bay Industrial Facility For Rent

      83,200 SF industrial facility with superior infrastructure and flexibility.
      120 Old County Cir, Windsor Locks, CT
      View Details
    • Contact for pricing
      881,500 SF

      Windsor Locks Industrial Development Site

      Approved industrial site with two buildings planned in Windsor Locks.
      600 Old County Road, Windsor Locks, CT, 06096
      View Details
    • Contact for pricing
      199,000 SF

      Office Space Near Bradley Airport

      199,000 SF office space available for lease.
      1 Hamilton Rd, Windsor Locks, CT
      View Details
    • Contact for pricing
      250,320 SF

      Distribution Facility with 43 Docks

      Class A distribution facility featuring 36' clear height.
      30 Hamilton Rd, Windsor Locks, CT
      View Details
    • Contact for pricing
      84,700 SF

      Modern Industrial Space For Lease

      84,700 square foot industrial space available for lease.
      293 Ella Grasso Turnpike, Windsor Locks, CT 06096
      View Details
    • Contact for pricing
      387,500 SF

      Windsor Locks Warehouse Space

      387,500 SF warehouse space available for lease.
      Old Country Rd & CT-20, Windsor Locks, CT
      View Details

    FAQs

    What type of property is this?
    Strip mall - Office or retail spaces available for lease in Windsor Locks.
    Where is this strip mall located?
    The property is located at 60 Main Street 12 Windsor Locks, CT.
    What is the lease rate?
    The lease rate is $1,600 /Mo.
    What are key features of this property?
    This property features: High‑traffic location on the main road in Windsor Locks.; Opportunity to lease office or retail space.; Two unit sizes available: **975 sq ft and 1450 sq ft.**
    (203) 499-8259
    We can help!
    Listing Contact
    Young Lee
    Young Lee
    Real Estate License ID: RES.0798035
    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
    60 Main Street 12, Windsor Locks, CT 06096
    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!