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    48 Kent Rd New Milford, CT 06776

    Sponsored
    For Lease
    $17 SF/Yr ($8,385 /Mo)

    Prime Route 7 Retail Opportunity

    Lot size:
    5,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,750 square foot retail property, located at 48 Kent Road in New Milford, CT, offers a unique opportunity for businesses seeking high-visibility locations. Situated directly on Route 7, the property boasts an average daily traffic count exceeding 12,000 vehicles, ensuring maximum exposure. The property features a single, one-story building constructed in 1966, situated on 1.29 acres of land and includes 50 parking spaces. Currently, 4,110 square feet of space is available for lease, divisible into units ranging from 840 to 2,310 contiguous square feet. Three spaces are available: two smaller units (840 and 960 square feet) ideal for retail or personal service businesses, both fully updated and ready for immediate occupancy

    Property Features for 48 Kent Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,750 SF
    Total Rate
    8385.42

    Building Details

    Year Built
    1966
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 4
    Size
    840 SF
    Rate per SF
    $17
    Space
    Suite 3
    Size
    960 SF
    Rate per SF
    $17
    Space
    Suite 1
    Size
    2,310 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Main Moon Chinese Restaurant Danni~Leigh's Tanning & Nails Nail Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4215662
    Latitude
    41.5790667

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    FAQs

    What type of property is this?
    Individual retail property - Prime Route 7 Retail Opportunity
    Where is this individual retail property located?
    The property is located at 48 Kent Rd New Milford, CT.
    What is the lease rate?
    The lease rate is $17-$20 SF/Yr.
    Request Owner's contact information
    48 Kent Rd New Milford, CT 06776
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    New Milford, CT 06776
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    Realmo Value Estimation

    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.

    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.

    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
    48 Kent Rd New Milford, CT 06776
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