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Shopping Center with Established Tenancy
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Pending

42 Windsor Ave, Vernon, CT 06066

Multi-tenant retail property with pharmacy and discount retail occupants along a commercial corridor.

Property SizeContact for details
Days on Market140

Property Features for 42 Windsor Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 10:05PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

Franklin Plaza is a 26,000-square-foot shopping center on 2.78 acres at 42 Windsor Avenue. The retail building includes Family Dollar, Rockville Pharmacy, and Dollar Tree, creating a multi-tenant commercial configuration with established occupancy. Family Dollar has operated at the property since 2000 and recently signed an additional 8-year lease term with two 5-year renewal options. Rockville Pharmacy and Dollar Tree entered into leases at the center in 2019.

The property fronts Windsor Avenue, identified as CT Route 74/83, and offers multiple access points. Its Vernon/Rockville commercial setting places the center near three separate Interstate 84 exits, supporting connections to the surrounding regional road network.

Key Highlights

  • 26,000‑square‑foot retail building on a 2.78‑acre parcel
  • Family Dollar occupancy dating to 2000
  • Family Dollar lease extended for an 8‑year term with two 5‑year renewal options

Property Analytics

Current Use

Rockville Pharmacy Pharmacy Dollar Tree Discount Store Susan Davis Pharmacy Nidhi Faldu Pharmacy UPS Authorized Shipping ... Courier Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Restaurant Hair Salon

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

292
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 29% Home Improvements & Furnishings 17%
Dunkin' Donuts Dining
12,903 visits/mo 0.1 miles
Dollar Tree Shops & Services
11,192 visits/mo 0.1 miles
Rocky's Ace Hardware Home Improvements & Furnishings
9,771 visits/mo 0.3 miles
Family Dollar Shops & Services
5,923 visits/mo 0.1 miles
Gulf Oil Shops & Services
5,771 visits/mo 0.1 miles

Demographics for 06066, CT

30,237
Population
14,335
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
93%
High-School Grad
17.7 sq mi
ZIP Area
1,708
Density / Sq Mi
$80,766
Median Household Income
$50,381
Median Earnings
$1,412
Median Rent
$255,000
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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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Stop & Shop - New England, 50 Windsorville Rd, Vernon, CT 06066

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property with pharmacy and discount retail occupants along a commercial corridor.
Where is this shopping center located?
The property is located at 42 Windsor Ave Vernon, CT.
What are key features of this property?
This property features: 26,000‑square‑foot retail building on a 2.78‑acre parcel; Family Dollar occupancy dating to 2000; Family Dollar lease extended for an 8‑year term with two 5‑year renewal options
More about this property
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