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Freestanding Retail Storefront
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79 COSTELLO RD, Newington, CT 06111

Standalone retail building positioned within an established Connecticut retail corridor.

Property Size28,900 SF
Price / SF$120.93
Days on Market42

Property Features for 79 COSTELLO RD

General Information

Standard status Active
Size 28,900 SF
Property subtype Retail

Site & Location

Traffic Count 34,000 vehicles/day
Road Access Yes

Building Details

Year Built 1964
Stories 1
Units 1
Listing Agency: Colliers - Hartford, Connecticut
Listed By: Nick Melville · License #0834361
Source: Crexi
Added: Jul 31 Changed: Sep 8 Last Checked: Sep 10 at 8:32AM

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 Colliers - Hartford, Connecticut

Investment Insights

Based on property information with market context.

This freestanding retail building is located at 79 Costello Rd in Newington, Connecticut, near the Berlin Turnpike. The property sits across from a newly constructed Power Center on the former Eversource site, within a prominent retail corridor. Berlin Turnpike traffic is reported at approximately ±34,000 VPD, providing substantial surrounding roadway activity.

Key Highlights

  • Freestanding retail building at 79 Costello Rd, Newington, CT 06111
  • Approximately ±34,000 VPD reported on the Berlin Turnpike
  • Across from a newly constructed Power Center

Property Analytics

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Current Use

Footprints Clothing & Fashion Store Footprints Shoes & Accessories Clothing & Fashion Store

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Barber Shop (Bike/Boat/Book/etc) Store Bakery

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

34,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby
447k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 24% Superstores 23% Groceries 21% Home Improvements & Furnishings 10%
Target Superstores
104,227 visits/mo 0.5 miles
Stew Leonard's Groceries
93,634 visits/mo 0.4 miles
Chick-fil-A Dining
43,611 visits/mo 0.4 miles
Burlington Apparel
40,688 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
32,922 visits/mo 0.4 miles

Demographics for 06111, CT

30,536
Population
13,334
Households
2.3
Avg Household Size
45
Median Age
40%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
2,349
Density / Sq Mi
$98,585
Median Household Income
$54,916
Median Earnings
$1,487
Median Rent
$279,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Sam's Club Floral 3465 Berlin Tpke, Newington, CT 06111
  • CBS Blooms 240 Pane Rd, Newington, CT 06111

Frequently Asked Questions

What type of property is this?
Storefront property - Standalone retail building positioned within an established Connecticut retail corridor.
Where is this storefront property located?
The property is located at 79 COSTELLO RD Newington, CT.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Freestanding retail building at 79 Costello Rd, Newington, CT 06111; Approximately ±34,000 VPD reported on the Berlin Turnpike; Across from a newly constructed Power Center
(860) 616-4011 Call to check price and availability
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