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Property profile & analytics
OFF-MARKET
Commercial real estate

31 Main St East Hartford, CT 06118-3209

20.36 ac lot
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0584072
Property summary
AI-generated overview

Putnam Bridge Plaza offers exceptional retail space for lease, ideally situated at the East Hartford/Glastonbury town line, directly off the heavily trafficked intersection of Routes 3 and 2. This vibrant shopping center boasts over 182,970 square feet and features a diverse mix of established tenants including Shop Rite, PetSmart, Michael's, TJ Maxx, and more, ensuring high visibility and consistent foot traffic exceeding 15,600 vehicles daily. The property encompasses 20.36 acres and provides ample on-site parking for over 300 vehicles. Currently, 5,560 square feet of retail space is available for lease, divisible to a minimum of 1,300 square feet with a maximum contiguous space of 61,749 square feet. The center comprises five buildings with a total of twelve suites. Its strategic location offers easy highway access (less than a minute to Routes 3 & 2), and benefits from the proximity of major retailers such as Home Depot, Staples, CVS, Burger King, Chick-fil-A, and AutoZone, further enhancing its appeal and drawing power. The property is suitable for retail, medical, or restaurant uses. Lease rates are available upon request. This is a remarkable opportunity to establish or expand your business in a thriving retail environment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 20.36 ac (886,882 SF)
Zoning code B-1
APN EHAR M:29 L:56/PT-8483
UPID US15-0584072
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vacek's Windows Hardware & Home Improvement Interior Design
  • ShopRite Pharmacy of East Hartford Pharmacy
  • Handy Crafts And Arts (Bike/Boat/Book/etc) Store
  • Putnam Bridge Plaza Shopping Center Shopping Center & Mall
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lma USA LLC · 22 yrs held
Lma USA LLC
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
B-1 · East Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The various business districts recognize existing development patterns in East Hartford and provide areas for business uses and development appropriate to the characteristics of each area

Zone name Community Business
General category COMMERCIAL
Zone area 345.91 ac
Source Realmo
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