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Retail Space on Route 16
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131 Linwood Avenue, Colchester, CT 06415

Retail space available on Route 16 with high traffic.

Space SizeContact for details
Days on Market1560

Property Features for 131 Linwood Avenue

General Information

Standard status Active
Property subtype Retail, Office, Restaurant

Building Details

Tenancy Multiple
Listing Agency: Galaxy Development LLC
Listed By: Carlee Schettino · License #MA
Source: Crexi
Added: May 26, 2022 Changed: Aug 21 Last Checked: Aug 31 at 6:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Galaxy Development LLC

Investment Insights

Based on property information with market context.

This retail space offers over 200 feet of frontage on Route 16. Up to 2,700 square feet is available in a retail corridor with average daily traffic of 25,000 plus or minus vehicles. The location is directly off of Route 2 and adjacent to Stop & Shop stores and Keystone Shoppes, which have over 110,000 customers monthly according to Placer.ai. The average household income within a 5-mile radius is over $120,000.

Key Highlights

  • Join Chipotle in a new plaza with high visibility
  • Up to 2,700 SF of retail space available
  • Boasts over 200' frontage on Route 16

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Parking Lot & Garage Building Supply Grocery & Convenience Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

Demographics for 06415, CT

16,300
Population
7,019
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
96%
High-School Grad
56.0 sq mi
ZIP Area
291
Density / Sq Mi
$119,656
Median Household Income
$65,891
Median Earnings
$1,398
Median Rent
$340,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available on Route 16 with high traffic.
Where is this retail space located?
The property is located at 131 Linwood Avenue Colchester, CT.
What is the lease rate?
The lease rate is $468/Mo.
What are key features of this property?
This property features: Join Chipotle in a new plaza with high visibility; Up to 2,700 SF of retail space available; Boasts over 200' frontage on Route 16
More about this property
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