Spaces For Lease

at 2431-2461 Berlin Tpke Contact us

2431 Berlin Tpke $20/SF/Yr

Floor

1

Size

1,700 SF

Type

RETAIL

Availability

AVAILABLE, Now

Sublease

No

Contact us

Listing Agency: Reno Properties Group, LLC. Show Phone

Listed By: Dan Garofalo Jr. · License #REB.0756346 Show Phone

Source: Moodyscre

Added: Jun 12, 2024 Changed: Aug 8 Last Checked: Aug 12 at 12:19PM

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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.

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

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Restaurant Auto Repair Shop Real Estate Agency 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

Explore this area Business Placement

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

Market

Lease Benchmarks for Newington, CT

$16.53 /SF/Yr

Avg Asking Price

$8–$25 /SF/Yr

Price Range

7,416 SF

Avg Space Size

This space is priced 21% above the average of $16.53 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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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