Technical
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Property profile

1181 Tolland Tpke Manchester, CT 06042

OFF-MARKET
Neighborhood centers
283,127 SF
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Property summary

AI-generated overview

The Plaza at Burr Corners, located at 1181 Tolland Turnpike, Manchester, CT 06042, presents a compelling investment opportunity. This 283,127 square foot retail center boasts seven single-story buildings situated at the intersection of Tolland Turnpike and Buckland Street, providing exceptional visibility and immediate access to I-84. The property is zoned for business use within Hartford County's Manchester submarket. Currently, there are 10,712 square feet of vacant space available, divisible into units ranging from a minimum of 1,459 square feet to a maximum contiguous space of 3,521 square feet. The center benefits from strong anchor tenants, including At Home and Dick's Sporting Goods, with additional outparcels occupied by Dunkin' and McDonald's, ensuring high foot traffic and established consumer draw. Recent major renovations have enhanced the property's appeal and functionality. This prime retail location in the thriving Manchester market offers significant potential for growth and return on investment. The property's strategic location and established tenant base make it an attractive proposition for discerning investors seeking a well-positioned retail asset in a high-demand area.

Property profile

Verified
Property type Neighborhood centers
Total area 283,127 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
  • Home Decor Store Department Store

Location

1181 Tolland Tpke Manchester, CT 06042
Manchester 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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