Grocery-Anchored Retail
For Sale
Contact for pricing
700 Hopmeadow Street, Simsbury, CT 06070
Three-building center with strong tenant occupancy anchored by a grocery and CVS, plus bank and healthcare tenants.
Property Size53,951 SF
Price / SF$284.28
Days on Market60
Property Features for 700 Hopmeadow Street
General Information
Standard status
Active
Size
53,951 SF
Property subtype
Retail
Occupancy
98%
Net Operating Income
$1,111,938
Building Details
Year Built
1970
Year Renovated
2019
Tenancy
Multi
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 8 at 1:47PM
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.
Drake Hill is a grocery-anchored retail center made up of three buildings totaling 53,951 square feet. The property sits on 5.42 acres and is 98.89% leased to sixteen tenants, with one vacant unit available. Anchor tenants include Fitzgerald’s Foods (Geissler’s) and CVS. Other listed tenants include Webster Bank, TD Bank, Integrated Dermatology, and Jersey Mike’s.
The center is located at 700-710 Hopmeadow Street in Simsbury, along Hopmeadow Street (US-202), identified as the primary retail and commercial corridor for Simsbury and the surrounding Farmington Valley region. Drake Hill benefits from visibility along the corridor and is surrounded by a mix of restaurants, retailers, medical offices, and professional services that generate daily activity in the area.
With multiple national and local tenants already in place, the property offers a straightforward platform for operators seeking space within an active suburban retail and service center. Recorded capital improvements include work to the roof, sewage and drainage system, installation of solar panels, and tenant-specific improvements, helping support ongoing functionality of the asset.
The center is located at 700-710 Hopmeadow Street in Simsbury, along Hopmeadow Street (US-202), identified as the primary retail and commercial corridor for Simsbury and the surrounding Farmington Valley region. Drake Hill benefits from visibility along the corridor and is surrounded by a mix of restaurants, retailers, medical offices, and professional services that generate daily activity in the area.
With multiple national and local tenants already in place, the property offers a straightforward platform for operators seeking space within an active suburban retail and service center. Recorded capital improvements include work to the roof, sewage and drainage system, installation of solar panels, and tenant-specific improvements, helping support ongoing functionality of the asset.
Key Highlights
- Grocery‑anchored retail center with 53,951 SF across three buildings (700‑710 Hopmeadow St, Simsbury, CT).
- 98.89% leased to 16 tenants with 1 vacant unit on 5.42 acres.
- Anchored by Fitzgerald’s Foods (Geissler’s) and CVS.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Welden Hardware
Home Improvements & Furnishings
2,215 visits/mo
0.3 miles
True Value Hardware
Home Improvements & Furnishings
1,460 visits/mo
0.3 miles
Demographics for 06070, CT
15,658
Population
5,899
Households
2.7
Avg Household Size
44
Median Age
69%
College-Educated
98%
High-School Grad
22.8 sq mi
ZIP Area
687
Density / Sq Mi
$159,797
Median Household Income
$85,903
Median Earnings
$1,967
Median Rent
$414,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Fiddler's Green Shops and Restaurants — 2-10 Wilcox St, Simsbury, CT 06070
- Lady Slipper Affairs & Events — 928 Hopmeadow St, Simsbury, CT 06070
- Simsbury Town Shops — 933 Hopmeadow St, Simsbury, CT 06070
- Drake Hill Mall — 712 Hopmeadow St, Simsbury, CT 06070
Frequently Asked Questions
What type of property is this?
Shopping center - Three-building center with strong tenant occupancy anchored by a grocery and CVS, plus bank and healthcare tenants.
Where is this shopping center located?
The property is located at 700 Hopmeadow Street Simsbury, CT.
What is the asking price?
The asking price for this property is $15,337,070.
What are key features of this property?
This property features: Grocery‑anchored retail center with 53,951 SF across three buildings (700‑710 Hopmeadow St, Simsbury, CT).; 98.89% leased to 16 tenants with 1 vacant unit on 5.42 acres.; Anchored by Fitzgerald’s Foods (Geissler’s) and CVS.
