25 Market Square Newington, CT 06111
Rare opportunity to own a business location in Downtown Newington.
- Added:
- Aug 1, 2022
- Days on Market:
- 1441
- Last Refresh:
- Jun 28 at 9:06 pm
Property Features for 25 Market Square
General Information
- Standard status
- Active
- Size
- 3,313 SF
- Property subtype
- SCR, SCR-COM, SCR-FREE
Building Details
- Year Built
- 1950
Listing office KW Commercial Greater Hartford (860) 305-5194
Listing date Aug 1, 2022
Source Realnex
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Investment Insights
Based on property information with market context.
Key Highlights
- Rare opportunity to own a commercial property in the high‑demand Downtown Newington area.
- High visibility location with easy access to Berlin Turnpike and Route I91.
- Suitable for office, retail, or restaurant use (with Town approvals).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.6k | $18.00 |
| − Vacancy | −$6.1k | −$1.85 |
| EGI | $53.5k | $16.15 |
| − OpEx | −$16.0k | −$4.84 |
| NOI | $37.4k | $11.30 |