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    353 Scott Swamp Rd Farmington, CT 06032

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Retail Space Available in CT

    Lot size:
    19,776 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19,776 square foot retail shopping center, located at 353 Scott Swamp Road in Farmington, Connecticut, presents a unique investment opportunity. The property, built in 1988 and extensively renovated in 2023, boasts a Class B designation and comprises a single, one-story building situated on 2.52 acres of land. Currently, there are five available retail units ranging from a minimum of 1,385 square feet to a maximum contiguous space of 9,495 square feet, totaling 9,495 square feet of vacant space. The property features ample parking with 119 spaces (a 6/1000 ratio), providing convenient access for customers. Its strategic location in Farmington, Hartford County, offers excellent visibility and high traffic counts of 22,052 ADT. Directory and monument signage enhance the property's prominence. Farmington's strong economy, low mill rate, highly educated workforce, and convenient access to regional highways make this a highly desirable location for businesses. The property's nine total suites offer flexibility for various retail concepts. This is an ideal opportunity to establish or expand a retail presence in a thriving Connecticut market.

    Property Features for 353 Scott Swamp Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,776 SF
    Class
    B
    Total Rate
    26368

    Building Details

    Year Built/Renovated
    1988/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 5
    Size
    2,041 SF
    Rate per SF
    $18
    Space
    Available Space 4
    Size
    2,287 SF
    Rate per SF
    $20
    Space
    Available Space 3
    Size
    1,796 SF
    Rate per SF
    $16

    HighLights

    • 19,776 SF retail center in Farmington, CT, built in 1988, renovated in 2023.
    • Five available retail suites ranging from 1,385 SF to 9,495 SF (9,495 SF total vacant).
    • Ample parking: 119 spaces (6/1000 ratio).
    • Directory and monument signage.
    • High traffic count: 22,052 ADT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Allen A. Currier ... Doctor Farmington Imaging Center Medical Diagnostic Imaging Center Detailing World-Farmington Car Accessories Store Orthosynetics Dentist Little Angels Childcare ... Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.88755398569
    Latitude
    41.702021609728

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space Available in CT
    Where is this lifestyle center located?
    The property is located at 353 Scott Swamp Rd Farmington, CT.
    What is the lease rate?
    The lease rate is $16-$20 SF/Yr.
    What are key features of this property?
    This property features: 19,776 SF retail center in Farmington, CT, built in 1988, renovated in 2023.; Five available retail suites ranging from 1,385 SF to 9,495 SF (9,495 SF total vacant).; Ample parking: 119 spaces (6/1000 ratio).
    Request Owner's contact information
    353 Scott Swamp Rd Farmington, CT 06032
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    Farmington, CT 06032
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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
    353 Scott Swamp Rd Farmington, CT 06032
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