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Retail Space on Berlin Turnpike

2431-2461 Berlin Tpke, Newington, CT

For Lease
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Retail space available for lease on Berlin Turnpike.

Space Size1,700 SF
Lot Size1.36 Acres
Days on Market886

Property Features for 2431-2461 Berlin Tpke

General Information

Standard status Active
Size 1,700 SF
Lot size 1.36 Acres
Property subtype RETAIL

Spaces For Lease

at 2431-2461 Berlin Tpke
2431 Berlin Tpke $20/SF/Yr
Floor 1
Size 1,700 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
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Listing Agency: Reno Properties Group, LLC
Listed By: Dan Garofalo Jr. · License CT REB.0756346
Source: Moodyscre
Added: Jun 12, 2024 Changed: Nov 5 Last Checked: Nov 12 at 9:49AM

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 Reno Properties Group, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space, offering 1700 square feet, is available for rent on Berlin Turnpike in Newington, CT.

Key Highlights

  • Retail space available
  • Located on Berlin Turnpike

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Auto Repair Shop Building Supply Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby
189k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Groceries 30% Shops & Services 9% Hotels & Casinos 1%
McDonald's Dining
39,158 visits/mo 0.1 miles
Stop & Shop Groceries
31,343 visits/mo 0.3 miles
Aldi Groceries
25,578 visits/mo 0.5 miles
Wendy's Dining
18,810 visits/mo 0.1 miles
Dunkin' Donuts Dining
14,658 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newington, CT

$16.83 /SF/Yr
Avg Asking Price
$2.55–$26.72 /SF/Yr
Price Range
5,842 SF
Avg Space Size

This space is priced 19% above the average of $16.83 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Hartford County, CT

$17.96 Jul
$17.81 Aug
$17.75 Sep
$17.38 Oct

Properties on Market for Retail space in Hartford County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease on Berlin Turnpike.
Where is this retail space located?
The property is located at 2431-2461 Berlin Tpke Newington, CT.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Retail space available; Located on Berlin Turnpike
(860) 212-4030 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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