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Property profile

116-124 Danbury Rd New Milford, CT 06776

OFF-MARKET
Lifestyle centers
71,987 SF
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Property summary

AI-generated overview

This thriving 71,987 square foot community shopping center, located in New Milford, Connecticut, presents a unique opportunity for retailers seeking high visibility and strong foot traffic. The center boasts four individual retail spaces available for lease, ranging from a minimum of 1,300 square feet to a maximum contiguous space of 3,495 square feet. Currently, 8,323 square feet are vacant, offering flexibility for businesses of various sizes. The property is strategically anchored by established national tenants, Staples and Planet Fitness, ensuring a consistent flow of customers. This prime location attracts a substantial 213,394 annual customer visits, providing exceptional exposure for your business. Situated in Litchfield County, this shopping center offers an ideal environment for businesses seeking to establish or expand their presence in a vibrant and growing market. The property's high visibility and strong tenant mix create a compelling opportunity for businesses seeking a successful retail location in a well-established shopping center. The available spaces offer a range of sizes to accommodate diverse business needs, making this an attractive option for a variety of retail concepts.

Property profile

Verified
Property type Lifestyle centers
Total area 71,987 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

116-124 Danbury Rd New Milford, CT 06776
New Milford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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