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    175 Lowrey Pl Newington, CT 06111

    Sponsored
    For Lease
    $12 SF/Yr

    Newington, CT retail/restaurant space. Multiple units available.

    Lot size:
    63,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Newington, Connecticut property, located at 175 Lowrey Place, offers a diverse range of commercial spaces ideal for retail, restaurant, or industrial uses. The single-story building, constructed in 1965, encompasses a total of 63,000 square feet situated on a 9.84-acre lot. The property is zoned B-TC and features two loading docks, making it suitable for various business operations. Multiple tenancy options are available, with spaces ranging from a minimum of 2,000 square feet to a maximum contiguous space of 35,000 square feet. A significant portion of the building, approximately 33,000 square feet, is a former Best Market, offering a fully built-out space ready for immediate occupancy. Additionally, there's a 23,500-square-foot in-line retail space available for lease at $12.00 per square foot, NNN. For those seeking ground lease opportunities, a 2,750-square-foot approved pad site with a drive-thru is also available. This prime location in Hartford County, with its easy access and ample space, presents a unique opportunity for businesses seeking a versatile and well-equipped commercial property in Newington, CT, zip code 06111.

    Property Features for 175 Lowrey Pl

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,000 SF
    Total Rate
    63000

    Building Details

    Year Built
    1965
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    33,000 SF
    Rate per SF
    $12
    Space
    Available Space 2 #135
    Size
    2,250 SF
    Rate per SF
    $12
    Space
    Available Space 3 #103-107
    Size
    4,350 SF
    Rate per SF
    $12

    HighLights

    • Excellent access to Berlin Turnpike's retail corridor.
    • Ideally situated in Newington's vibrant commercial center with over 100 businesses.
    • Convenient access to Routes 5, 15, and 9.
    • Completely renovated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    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
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.719094340078
    Latitude
    41.694998283694

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    FAQs

    What type of property is this?
    Restaurant - Newington, CT retail/restaurant space. Multiple units available.
    Where is this restaurant located?
    The property is located at 175 Lowrey Pl Newington, CT.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Excellent access to Berlin Turnpike's retail corridor.; Ideally situated in Newington's vibrant commercial center with over 100 businesses.; Convenient access to Routes 5, 15, and 9.
    Request Owner's contact information
    175 Lowrey Pl Newington, CT 06111
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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
    175 Lowrey Pl Newington, CT 06111
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