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Property profile & analytics
OFF-MARKET Estimated value $930,000
Grocery and convenience stores

10 Pitkin Rd Vernon, CT 06066-4718

16.18 ac lot
Entity Owned 22-yr Hold Free & Clear
Property ID
US15-0526758
Property summary
AI-generated overview

This exceptional retail space, totaling 475 square feet, is available for lease within a high-traffic Stop & Shop grocery store located at 10 Pitkin Rd, Vernon, CT 06066, in Tolland County. This "store-within-a-store" opportunity offers unparalleled visibility and access to thousands of weekly shoppers. The space benefits from a prime, front-of-store location, ensuring maximum customer interaction. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance (CAM), and utilities, simplifying budgeting and operational costs. Branding opportunities are available, including both interior and exterior signage, enhancing your business's exposure. This location is situated in a thriving trade area with a desirable customer base. The space is ideal for a variety of businesses, including financial institutions, service businesses (such as pack and ship or repair services), health and wellness providers, and insurance or real estate offices. However, food and beverage services, restaurants, and smoke shops are prohibited uses. This presents a unique opportunity to establish your business within a well-known and trusted grocery store destination in the Northeast. The property is a multi-tenant retail space.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Lot 16.18 ac (704,801 SF)
Zoning code COMMER
APN VERN M:02 B:0011 L:00018
UPID US15-0526758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stop & Shop Gas Station Gas Station
  • Gas Station - Stop and Shop Gas Station
  • Stop & Shop Pharmacy Pharmacy
  • Stop & Shop Grocery & Convenience Store Food Market
  • Peapod by Stop & Shop Take-out & Catering Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$930k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$930k
Owner & transaction history
Ce Vernon LLC · 22 yrs held
Ce Vernon LLC
since 2003
2 recorded transactions
2011
Price N/A
2003
$18.8M
Zoning & alternative use
COMMER · Vernon, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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