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    7 Providence Pike Putnam, CT 06260

    Sponsored
    For Lease
    $144 SF/Yr

    1,500 SF Office Suite in Excellent Location

    Lot size:
    10,103 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 7 Providence Pike in Putnam, Connecticut, offers a 1,500 square foot office suite within a larger 10,103 square foot building. The single-story building features eight total suites, with one currently vacant and immediately available. The property boasts a convenient location directly off Exit 47 of I-395 and is situated on Route 44, a high-traffic area with an average daily traffic count exceeding 15,000 vehicles. This prime location provides excellent visibility and accessibility for businesses. The property includes ample parking with 61+ spaces available for tenants and their clients. The building is part of the Stonewall Commons complex, enjoying the benefit of strong co-tenancy with established businesses such as Subway, Charter Oak Credit Union, Modern Nails & Spa, Flawless Finish, and Sound Hearing Solutions. Furthermore, the property benefits from the proximity to major retail anchors including Advance Auto Parts, CVS, Walmart, Dunkin', Stop & Shop, Tractor Supply, and McDonald's, ensuring high foot traffic and convenient amenities for employees and customers. The property sits on 2.5 acres of land. The minimum divisible space is 1,500 square feet, making it ideal for a variety of businesses. There are no elevators in this single-story building. This is a rare opportunity to secure a well-located office space in a thriving commercial area.

    Property Features for 7 Providence Pike

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,103 SF
    Total Rate
    121236

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 5
    Size
    1,500 SF
    Rate per SF
    $144
    Property Profile Location Intelligence

    Current Use by Public Records

    Modern Nails & spa Nail Salon Cornerstone Insurance Insurance Agency Subway Caterer The Vapor Shoppe Vaporizer Store Charter Oak Federal ... Federal Credit Union

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Putnam
    County
    Windham
    State
    Connecticut
    Longitude
    -71.8822858
    Latitude
    41.9236933

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - 1,500 SF Office Suite in Excellent Location
    Where is this restaurant located?
    The property is located at 7 Providence Pike Putnam, CT.
    What is the lease rate?
    The lease rate is $144 SF/Yr.
    Request Owner's contact information
    7 Providence Pike Putnam, CT 06260
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    Putnam, CT 06260
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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
    7 Providence Pike Putnam, CT 06260
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