Listing Agency: CBRE - Philadelphia Suburban m***@cbre.com Show Phone

Listed By: Michael Shover · License #PA RS297166

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:18PM

Report an Issue

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

This for-sale retail investment is presented with a 7.00% cap rate and totals 11,239 SF. The listing positions the property for buyers evaluating income potential alongside its retail use.

The property is located at 304 Spielman Hwy in Burlington, CT 06013.

Key Highlights

• Retail investment for sale with a stated 7.00% cap rate
• 11,239 SF retail property

Property Analytics

Current Use

Cadence Academy Preschool Daycare Center

Suggested Use

Top Pick Auto Repair Shop HVAC Service Plumbing Service Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

141

Businesses Nearby

Explore this area Business Placement

Demographics for 06013, CT

9,519

Population

3,457

Households

2.8

Avg Household Size

45

Median Age

53%

College-Educated

98%

High-School Grad

29.7 sq mi

ZIP Area

321

Density / Sq Mi

$158,357

Median Household Income

$73,608

Median Earnings

$1,235

Median Rent

$393,900

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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

Ask Rey about this property ...

Similar For Sale Nearby

Burlington Specialty Property For Sale

6 Pine Hill Rd, Burlington, CT 06013

$2,200,000

15.22 Acres

View details

Day Care Center Portfolio

4, 6, 8, 10, 12 Covey Rd, Burlington, CT 06013

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Retail space - For sale retail investment featuring a 7.00% cap rate and 11,239 SF.

Where is this retail space located?

The property is located at 304 Spielman Hwy Burlington, CT.

What are key features of this property?

This property features: Retail investment for sale with a stated 7.00% cap rate; 11,239 SF retail property