Property profile

352 Hartford Tpke 13 Vernon, CT 06066

FOR SALE
Super regional malls
Property ID
US15-0288666
18,900 SF 2.2 ac lot Built 1966
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 18,900 square foot retail property, situated on 2.2 acres at 352 Hartford Turnpike in Vernon, CT, presents a compelling investment opportunity. Built in 1966, this single-story building boasts 10 individual suites, offering flexibility for various retail uses including stores, gyms, and classes. The property features a concrete slab foundation, 9-foot ceilings, city water and sewer, natural gas heat, and central air conditioning. Prominent street and individual unit signage enhances visibility. Each suite is equipped with independent electric and gas meters. The high-traffic location on Route 30, with close proximity to I-84, ensures significant daily traffic of nearly 8,500 vehicles. Two immediately available suites total approximately 5,453 square feet (1,000 sq ft and 4,453 sq ft), with the possibility of combining adjacent spaces for larger tenants. Owners prefer a minimum three-year lease term, but shorter terms may be considered. Tenants are responsible for rent, utilities, and NNN/CAM charges. Lease pricing is available upon request. This property's prime location and versatile suite options make it an ideal investment for discerning retail businesses.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1966
Construction STEEL FRAME
Total area 18,900 SF
Lot 2.2 ac (95,832 SF)
Zoning code COMMER
APN VERN M:11 B:0014 L:00001
UPID US15-0288666

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
  • Hair Salon Nail Salon
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Storage Facility

Location

352 Hartford Tpke, Unit 13 Vernon, CT 06066
Vernon metro Census 530302 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k

Owner & transaction history

since 2016
2 recorded transactions
2016
$1.3M
2008
$1

Zoning & alternative use

COMMER · Vernon, CT

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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