Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Big Y Center Title is generated by Realmo AI

    23 Fieldstone Cmns, Tolland, CT

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in Big Y anchored shopping center.

    Type:RETAIL
    Property size:
    1,500 SF
    Lot size:
    20.36 Acres
    Added:
    May 21, 2025
    Days on Market:
    367
    Last Refresh:
    Apr 5 at 9:44 pm

    Property Features for 23 Fieldstone Cmns

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    20.36 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 23 Fieldstone Cmns Contact us

    We can help!

    Listing Contact
    Michael Alberico
    Michael Alberico

    Listing agent Michael Alberico

    Listing office Atlantic Retail - Corporate

    Listing date May 21, 2025

    Source Moodyscre

    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 Atlantic Retail - Corporate

    HighLights

    • Big Y anchored center (2nd most visited Big Y in CT*)
    • Easy on/off access from I‑84 (same exit for UConn)
    • Pad with drive‑thru Available
    • 4,400 SF End Cap space Available
    • 1,500 SF End Cap space Available

    Overview

    Retail spaces are available for rent in a shopping center anchored by Big Y. The location is noted as having easy access to and from I-84, sharing the same exit as UConn. Available spaces include a 4,400-square-foot end cap and a 1,500-square-foot end cap. Additionally, there is a pad site available with drive-thru potential.
    Location Intelligence

    Current Use by Public Records

    Camille's Wood Fired ... Restaurant Dr. Wayne Castagna Physician Elle Nails Nail Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Big Y Foods, 152 Merrow Rd, Tolland, CT 06084

    Location Insight

    • Map
    • Local Demand
    City
    Tolland
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.357
    Latitude
    41.8594

    Nearby Similar for Lease

    • $1,500/Mo
      1,040 SF

      Office, Garage, and Storage Space

      Office, garage/shop, and storage space for lease in Tolland.
      2 Tolland Grn 4, Tolland, CT 06084
      View Details
    • $1,300/Mo
      2,225 SF

      Unique Commercial Space with Living

      Commercial space with living, ideal for owner-operator or live/work.
      224 Hartford Turnpike, Tolland, CT 06084
      View Details
    • $1,500/Mo
      2,275 SF

      Tolland Flex Space For Lease

      Office, garage, and storage space with heat and electric included.
      2 Tolland Green #4, Tolland, CT 06084
      View Details
    • $1,333/Mo
      1,000 SF

      Tolland Office Space For Rent

      1,000 sq ft office space available for rent.
      68 Hartford Turnpike #17, Tolland, CT 06084
      View Details
    • $23 SF/Yr
      3,391 SF

      Retail Space For Rent

      Ground floor retail spaces available near UConn Storrs Campus.
      384 Merrow Road, Tolland, CT 06084
      View Details
    • $2,200/Mo
      1,320 SF

      Versatile Retail/Office Space Available

      Retail or office space in high-traffic, convenient location.
      70 Merrow Road #C, Tolland, CT 06084
      View Details
    • $1,500/Mo
      7,500 SF

      Tolland Flex Space For Rent

      Flex space available for rent in Tolland, Connecticut.
      97 Gerber Dr, Tolland, CT
      View Details
    • Contact for pricing
      600 SF

      Tolland One-Bedroom Rental Available

      One-bedroom rental with updated kitchen and included utilities.
      2 Tolland Green Unit 2, Tolland, CT 06084
      View Details
    • Contact for pricing
      13,058 SF

      Retail Space in Tolland, CT

      Retail space available for lease in Tolland, Connecticut.
      200 Merrow Rd, Tolland, CT
      View Details
    • Contact for pricing
      4,400 SF

      Retail Space in Tolland Center

      Retail spaces available in Big Y anchored shopping center.
      9 Fieldstone Cmns, Tolland, CT
      View Details
    • $6 SF/Yr
      12,500 SF

      Industrial Space Near I-84

      12,500 SF industrial space with convenient highway access.
      211 Hartford Tpke, Tolland, CT
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in Big Y anchored shopping center.
    Where is this shopping center located?
    The property is located at 23 Fieldstone Cmns Tolland, CT.
    What are key features of this property?
    This property features: Big Y anchored center (2nd most visited Big Y in CT*); Easy on/off access from I‑84 (same exit for UConn); Pad with drive‑thru Available
    (978) 273-8569 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Alberico
    Michael Alberico
    Learn More
    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
    23 Fieldstone Cmns, Tolland, CT
    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!