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Grocery-Anchored Shopping Center
For Sale
Contact for pricing
Pending

172 Kitts Ln, Newington, CT 06111

Grocery-anchored shopping center with an outparcel on a major retail corridor with traffic reported over 39,000 vehicles daily.

Property SizeContact for details
Days on Market122

Property Features for 172 Kitts Ln

General Information

Standard status Pending
Property subtype Retail
Occupancy 65%

Additional Details

Traffic Count 39,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Westchester
Listed By: Joseph French Jr. · License #NY 10301207036
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 3:27PM

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 Marcus & Millichap - Westchester

Investment Insights

Based on property information with market context.

This grocery-anchored shopping center includes an outparcel and is currently 65% occupied by credit tenants. Reported tenants include Stop & Shop Supermarket, Planet Fitness, and Petco.

The property is situated on a major retail corridor, where traffic counts are reported at over 39,000 vehicles per day.

For sale, the center offers a tenant mix anchored by a grocery operator and supported by established retail and fitness brands within the existing retail configuration.

Key Highlights

  • Grocery‑anchored shopping center with an outparcel
  • Located on a major retail corridor with reported traffic counts over 39,000 vehicles per day
  • 65% occupied by credit tenants, including Stop & Shop Supermarket, Planet Fitness, and Petco

Property Analytics

Current Use

Amazon Hub Locker ... Postal Service Bob's Stores Footwear ... Clothing & Fashion Store

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Auto Repair Shop Dental Office

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

39,000 VPD
Traffic count
65%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby
187k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Groceries 30% Shops & Services 9% Hotels & Casinos 1%
McDonald's Dining
39,158 visits/mo 0.5 miles
Stop & Shop Groceries
31,343 visits/mo 0.1 miles
Aldi Groceries
25,578 visits/mo 0.2 miles
Wendy's Dining
18,810 visits/mo 0.4 miles
Dunkin' Donuts Dining
14,658 visits/mo 0.4 miles

Demographics for 06111, CT

30,536
Population
13,334
Households
2.3
Avg Household Size
45
Median Age
40%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
2,349
Density / Sq Mi
$98,585
Median Household Income
$54,916
Median Earnings
$1,487
Median Rent
$279,900
Median Home Value

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?
Shopping center - Grocery-anchored shopping center with an outparcel on a major retail corridor with traffic reported over 39,000 vehicles daily.
Where is this shopping center located?
The property is located at 172 Kitts Ln Newington, CT.
What are key features of this property?
This property features: Grocery‑anchored shopping center with an outparcel; Located on a major retail corridor with reported traffic counts over 39,000 vehicles per day; 65% occupied by credit tenants, including Stop & Shop Supermarket, Planet Fitness, and Petco
(914) 220-9730 Call to check price and availability
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