Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7365 Main St Stratford, CT 6614

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in a highly visible, high-traffic shopping center.

    Type:Retail
    Added:
    Apr 19, 2022
    Days on Market:
    1465
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 7365 Main St

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1978

    Spaces For Lease

    at 7365 Main St Contact us

    Available Space 2 $18 /Mo

    Size
    1,200 SF
    Type
    Retail
    Contact us

    Available Spaces 1 $18 /Mo

    Size
    1,260 SF
    Type
    Retail
    Contact us

    Available Space 3 $18 /Mo

    Size
    1,170 SF
    Type
    Retail
    Contact us

    We can help!

    Listing Contact
    Read Auerbach

    Listing agent Read Auerbach License #CT

    Listing office Colonial Realty

    Listing date Apr 19, 2022

    Source Crexi

    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 Colonial Realty

    Overview

    Highly Trafficked Shopping Center Space

    This commercial property is located in a highly trafficked shopping center with high visibility. The location is across the street from Sikorski Aircraft Aviation Company, which employs 15,000 people. It is conveniently situated between The Merritt Parkway Exit 53 and Route 8, and less than a mile from the Oronoque Village Condo Complex with over 980 units. The property benefits from a traffic count of approximately 23,000 vehicles. The property features a 200-space surface parking lot and on-site shops and a restaurant. The zoning is CA, and the space is available immediately.
    Location Intelligence

    Current Use by Public Records

    Smooth Drywall Finish ... General Contractor JV Hair Design Hair Salon Children's Dentistry of Stratford Dental Office Oronoque Shopping Plaza Shopping Center & Mall Oronoque Cleaners (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Similar Places Nearby

    • Mariahs Way Shopping Center — Mariahs Way Shopping Center, 811 River Rd, Shelton, CT 06484

    Location Insight

    • Map
    • Local Demand
    City
    Stratford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1018314
    Latitude
    41.2535904

    Nearby Similar for Lease

    • Contact for pricing

      Stratford Commercial Space For Rent

      Multi-purpose space suitable for office or medical use.
      80 Ferry Boulevard, Stratford, CT 06615
      View Details
    • Contact for pricing

      Stratford Commercial Space For Rent

      Multi-purpose office/medical space near I-95 in Stratford, CT.
      80 Ferry Boulevard, Stratford, CT 06615
      View Details
    • $13/mo

      Stratford Office Space For Rent

      Office space near train station, ideal for professional or medical use.
      2563 Main Street, Stratford, CT 06615
      View Details
    • Contact for pricing

      Updated Commercial Space in Stratford

      Versatile, updated commercial space suitable for offices or retail.
      30 Ferry Blvd 2, Stratford, CT 06615
      View Details
    • $16/mo

      Stratford Office Condo For Rent

      Third floor office condo with elevator and ample parking.
      2900 Main Street unit: 3C, Stratford, CT 06614
      View Details
    • Contact for pricing

      Updated Commercial Space in Stratford

      Versatile, updated commercial space suitable for offices or retail.
      30 Ferry Boulevard #2, Stratford, CT 06615
      View Details
    • Contact for pricing

      Stratford Commercial Building For Lease

      6,400 SF commercial building in Stratford's South End.
      44 Dodge Ave, Stratford, CT 06615
      View Details
    • $16/mo

      Stratford Office Condo For Rent

      First floor office condo with flexible layout in Stratford, CT.
      2900 Main Street unit: 1F, Stratford, CT 06614
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Flexible office space in a newly renovated commercial building.
      53 Hancock Street, Stratford, CT 06615
      View Details
    • Contact for pricing

      Remodeled Office Space in Stratford

      Remodeled 684 sqft office space in vibrant Stratford, CT.
      919 Stratford Avenue #STE 7, Stratford, CT 06615
      View Details
    • Contact for pricing

      Stratford Office Space For Rent

      Renovated office space in high-traffic Stratford location.
      3231 Main St, Stratford, CT 06614
      View Details
    • Contact for pricing

      Stratford Office Space For Rent

      Renovated office space in high-traffic Stratford location.
      3231 Main Street, Stratford, CT 06614
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in a highly visible, high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 7365 Main St Stratford, CT.
    What are key features of this property?
    This property features: High visibility in a highly trafficked shopping center (± 23,000 vehicles); Convenient location between The Merritt Parkway (Exit 53) and Route 8; Across the street from Sikorski Aircraft Aviation Company (15,000 employees)
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Read Auerbach
    Real Estate License ID: CT
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!