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Property profile & analytics
OFF-MARKET
Commercial real estate

187 Rte 66th E Columbia, CT 06237-1237

10.42 ac lot
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US15-0915279
Property summary
AI-generated overview

Columbia Commons, located at 187 Rte 66 E, Columbia, CT 06237, offers exceptional office space for lease in a vibrant community center. This property boasts a total of 7,400 square feet across four buildings situated on over 10 acres of land, providing ample space and parking. Currently, 7,400 square feet is available, with spaces ranging from a minimum of 1,800 square feet to a maximum contiguous space of 5,600 square feet. Eleven suites are available in total. The property features convenient access to US-6 and benefits from high visibility due to its location at the intersection of Routes 66 and 6. Built in 1986, the center has undergone recent improvements, including a renovated parking lot with 150+ spaces, a new LED pylon sign, landscaping, and a security camera system. The property is ideally situated near a significant aerospace manufacturer, two state universities, and serves a market population of 78,000 within a 20-mile radius, boasting a median income of $114,000. One available space is a fully renovated 1,800 sq ft in-line space featuring a row of windows overlooking a pond and parking lot, offering flexible floor plan options and storage. Another option is a 5,600 sq ft standalone building, a former restaurant with a spacious outdoor patio, a large range hood, heavy-duty electric, and abundant parking. This space will be built-to-suit with a new HVAC system installed. The property's tenant mix includes retail, wholesale, food, dental, and engineering businesses. Terms are negotiable.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10.42 ac (453,895 SF)
Zoning code C
APN COLU M:010 L:091
UPID US15-0915279
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
  • Silverback Distribution LLC Big Box & Wholesale Store
  • By The Pond LLC Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mirjaf INC · 19 yrs held
Mirjaf INC
since 2007
7 recorded transactions
2007
Price N/A
2007
$1.4M
2005
Price N/A
2002
Price N/A
2002
$875,000
2002
Price N/A
1996
$630,200
Zoning & alternative use
C · Columbia, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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