Property profile

215 East Main St 1 Clinton, CT 06413

FOR LEASE
Turn key restaurants
Property ID
US15-0724174
1,295 SF Built 1993
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail leasing opportunity is located inside a high-traffic Stop & Shop supermarket in Clinton, Connecticut, at 215 E Main St, 06413. The available space totals 500 square feet and offers a prime, front-of-store location providing unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept offers several key advantages, including a strategic placement for maximum customer interaction, leveraging the steady flow of Stop & Shop shoppers to drive business growth. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM charges, and utilities. Branding opportunities are available, including both interior and exterior signage. The location benefits from exceptional demographics within a thriving trade area. This space is ideal for various businesses such as financial institutions, service businesses (e.g., pack & ship, repair services, dry cleaning), health and wellness providers, insurance agencies, and real estate offices. However, food and beverage services, restaurants, and smoke shops are prohibited. This presents a unique opportunity to position your business within one of the Northeast's most well-known grocery store chains. The property is situated in Middlesex County, Connecticut.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,295 SF
Zoning code I-2
APN CLIN M:78 B:68 L:6 U:C011300
UPID US15-0724174

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
  • Gas Station
  • (Bike/Boat/Book/etc) Store Florist
  • Nail Salon
  • Atm Currency Exchange Service
  • (Bike/Boat/Book/etc) Store Pet Store & Service

Location

215 East Main St, Unit 1 Clinton, CT 06413
Clinton metro Census 610200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2018
4 recorded transactions
2018
$12.9M
2010
Price N/A
1993
Price N/A
1992
Price N/A

Zoning & alternative use

I-2 · Clinton, CT
General category INDUSTRIAL

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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