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

    425 Talcottville Road, Vernon, CT 06066

    View on Map
    Claim this Listing
    For Lease
    $25 SF/Yr $16,604/Mo (calc)

    Retail spaces available in Vernon with high traffic and parking.

    Type:Commercial
    Property size:
    7,970 SF
    Lot size:
    3.96 Acres
    Added:
    May 8, 2025
    Days on Market:
    392
    Last Refresh:
    May 10 at 10:27 pm

    Property Features for 425 Talcottville Road

    General Information

    Standard status
    Active
    Size
    7,970 SF
    Lot size
    3.96 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2009

    We can help!

    Listing Contact
    SAM LYMAN

    Listing agent SAM LYMAN License #REB.0793484

    Listing office Samuel Lyman, Broker

    Listing date May 8, 2025

    Source Corcoran

    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 Samuel Lyman, Broker

    HighLights

    • High Traffic Count: 26,353 VPD
    • Ample Parking: 200 spaces; 5.31/1,000 SF
    • Multiple Unit Sizes Available: 1,657 SF, 2,167 SF, and 4,146 SF
    • Already Built Out Retail Space
    • Newly Paved Parking Lot with New Curbs
    • At Signalized Intersection

    Overview

    Retail spaces are available for lease in Vernon. Unit E offers 1,657 square feet, Unit F provides 2,167 square feet, and Unit H features 4,146 square feet. The property is situated on a 3.96-acre lot with a traffic count of 26,353 vehicles per day. Parking is available with 200 spaces, equating to 5.31 spaces per 1,000 square feet. The building exterior has been freshly painted, and the property is ADA compliant. It is located at a signalized intersection and features a newly paved parking lot with new curbs and professional landscaping. The spaces are already built out for retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spa Express Hair Salon Great Harvest Bread ... Bakery The Fresh Monkee - Vernon Restaurant Your CBD Store ... Department Store Your CBD Store ... Specialty Food Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.4868
    Latitude
    41.8461

    Nearby Similar for Lease

    • $12 SF/Yr
      4,000 SF

      Versatile Industrial Flex Space Available

      4,000 SF industrial flex space with office and warehouse.
      77 Industrial Park Rd, Vernon, CT 06066
      View Details
    • $16 SF/Yr
      1,917 SF

      Vernon Office/Retail Space For Rent

      1,917 sq ft office/retail space with highway access.
      62 Hyde Avenue, Vernon, CT 06066
      View Details
    • $16 SF/Yr
      1,917 SF

      Vernon Office/Retail Space Available

      1,917 sq ft office/retail space with highway access.
      62 Hyde Ave, Vernon, CT 06066
      View Details
    • $750/Mo
      550 SF

      Commercial Space on Route 83

      Retail/office space on a high-traffic road with parking.
      624 Talcottville Road, Vernon, CT 06066
      View Details
    • $900/Mo
      600 SF

      Commercial Space on Route 83

      Commercial space for lease on highly trafficked Route 83.
      624 Talcottville Road, Vernon, CT 06066
      View Details
    • $12 SF/Yr
      3,000 SF

      Industrial Flex Space For Rent

      4,000 SF industrial flex space with office suite.
      77 Industrial Park Road, Vernon, CT 06066
      View Details
    • $1,600/Mo

      Versatile Retail Space in Vernon

      Highly visible retail space with ample parking and highway access.
      154 Talcottville Rd, Vernon, CT 06066
      View Details
    • $3,583/Mo
      4,300 SF

      Versatile Space in Historic District

      Adaptable 4300 SF unit in a high-traffic location.
      33 West Main Street, Vernon, CT 06066
      View Details
    • $5,000/Mo
      2,028 SF

      Dealership Space on Route 30

      Dealership space for lease on well-traveled Route 30.
      985 Hartford Turnpike, Vernon, CT 06066
      View Details
    • $1,500/Mo
      1,200 SF

      Commercial Unit on High-Traffic Corner

      Versatile 1200 sqft commercial unit in high-traffic area.
      903 Hartford Turnpike, Vernon, CT 06066
      View Details
    • $2,250/Mo
      2,011 SF

      Stand Alone Commercial Building

      Commercial space for lease with street exposure and parking.
      140 Union Street, Vernon, CT 06066
      View Details
    • $1,200/Mo
      1,400 SF

      Vernon Office Space For Rent

      1400 sqft office space available for rent.
      35 West Main Street, Vernon, CT 06066
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available in Vernon with high traffic and parking.
    Where is this retail space located?
    The property is located at 425 Talcottville Road Vernon, CT.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: High Traffic Count: 26,353 VPD; Ample Parking: 200 spaces; 5.31/1,000 SF; Multiple Unit Sizes Available: 1,657 SF, 2,167 SF, and 4,146 SF
    (860) 876-0359
    We can help!
    Listing Contact
    SAM LYMAN
    Real Estate License ID: REB.0793484
    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
    425 Talcottville Road, Vernon, CT 06066
    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!