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    Property profile & analytics
    OFF-MARKET
    Super regional malls

    295 Hartford Tpke, Vernon, CT 06066-4783

    17.55 ac lot
    Entity Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US15-1318416
    Property summary
    AI-generated overview

    This exceptional retail property, located at 295 Hartford Turnpike in Vernon, Connecticut (Tolland County, zip code 06066), offers a prime investment opportunity. The 130,405 square foot strip center boasts a strong tenant mix and significant visibility. Currently, there are three available spaces ranging from 14,500 to 44,000 square feet, providing flexibility for a variety of retail or restaurant concepts. The property benefits from its strategic location, enjoying excellent access to I-84, Route 83, and Route 30, ensuring high traffic volume. With a daily traffic count of 27,000 vehicles on Talcottville Road and 18,000 on Hartford Turnpike, this location guarantees substantial exposure. The center enjoys a strong community presence and is shadow-anchored by a Stop & Shop, further enhancing its appeal and drawing significant foot traffic. Ocean State Job Lot is also a tenant, adding to the property's established retail draw. This is a rare opportunity to acquire a well-positioned retail center in a thriving Connecticut market with significant upside potential. The property's size and location make it ideal for a variety of uses, offering a compelling investment prospect for discerning buyers. The available spaces provide ample room for expansion or the establishment of new businesses. Don't miss this chance to secure a valuable asset in a high-demand area.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Lot 17.55 ac (764,478 SF)
    Zoning code COMMER
    APN VERN M:11 B:0011 L:00011
    UPID US15-1318416
    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
    • Classy Nails & Hair Nail Salon
    • Das Boutique Clothing Store
    • Sears Appliance Repair Home Appliance Store
    • Town Fair Tire (Bike/Boat/Book/etc) Store Auto Parts Store
    • Ocean State Job Lot Discount 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
    Vernon LP 2 Ce · 22 yrs held
    Vernon LP 2 Ce
    since 2003
    3 recorded transactions
    2011
    2003
    $5.7M
    1995
    $8.1M
    Zoning & alternative use
    COMMER · Vernon, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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