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Property profile & analytics
FOR LEASE
Super regional malls

151 Queen St Southington, CT 06489

35,715 SF 3.38 ac lot Built 1988
Trust Owned 6-yr Hold Free & Clear
Property ID
US15-0740142
151 Queen St, Southington, CT 06489 For Lease
Contact for pricing 3,151 SF available
151 Queen St, Southington, CT 06489
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Property summary
AI-generated overview

This exceptional retail opportunity presents ±3,151 square feet of leasable space within the ±35,715 square foot Oak Hill Mall, located at 151 Queen Street in Southington, Connecticut. Situated in Hartford County, this single-tenancy space is ideal for a variety of retail businesses seeking a high-visibility location. The property benefits from its position within a well-established neighborhood shopping center, ensuring high foot traffic and convenient access for customers. The address, 151 Queen Street, 06489, provides excellent visibility and accessibility. The space is ready for immediate occupancy, offering a blank canvas for your business to thrive. The property's location in Southington, CT, offers a strong demographic profile and a thriving local economy. This is a rare opportunity to secure a prime retail space in a desirable location. The overall building size of approximately 35,715 square feet provides ample space for a variety of businesses and creates a vibrant shopping environment. This property is classified as retail space within a shopping center. The property is located at latitude 41.6207188 and longitude -72.8723331. Don't miss this chance to establish your business in a thriving community.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,715 SF
Lot 3.38 ac (147,233 SF)
Zoning code B
APN SOUT M:145 L:036
UPID US15-0740142
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
  • El Sombrero Restaurant
  • Advance Auto Parts Auto Parts Store
  • UPS Access Point location Courier Service Postal Service
  • Amazon Locker - Sostenuto Postal Service Courier Service
  • Mickey Blake's Cigar Southington (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.13M
Owner & transaction history
Karm RT 4 Trust · 6 yrs held
Karm RT 4 Trust
since 2020
Last sale
$2.1M
5 recorded transactions
2020
$2.1M
2007
$1
1996
$1.7M
1991
Price N/A
1987
$1.3M
Zoning & alternative use
B · Southington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The business district is intended to provide suitable areas for business development appropriate to overall community and regional needs, the location and characteristics of the land, and the characteristics of the area

Zone name Business
General category COMMERCIAL
Zone area 1,044.05 ac
Source Realmo
Top alternative use upside
Apartment house (5+ units) $2.9M +108.7%
Auto repair, garage $2.7M +88.9%
Retail stores $2.5M +77.7%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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