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Property profile & analytics
OFF-MARKET Estimated value $6,520,000
Showrooms

60 Providence Pike Putnam, CT 06260-2410

70,608 SF 5.7 ac lot Built 1994
Entity Owned 29-yr Hold Free & Clear
Property ID
US15-0782880
Property summary
AI-generated overview

This exceptional retail opportunity is located inside a high-traffic Stop & Shop supermarket in Putnam, Connecticut, at 60 Providence Pike, zip code 06260. The space, totaling 500 square feet, 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 high-traffic location strategically placed for maximum customer interaction, access to Stop & Shop's substantial customer base, and an all-inclusive monthly fee covering real estate taxes, property insurance, CAM charges, and utilities. Branding opportunities are available, both inside and outside the store. The property is situated in a thriving trade area with a desirable customer demographic. The space is ideal for businesses such as financial institutions, service businesses (e.g., pack and 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 uses. This is a unique opportunity to establish your business within one of the Northeast's most recognizable grocery store chains. The property is in Windham County, Connecticut.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 70,608 SF
Lot 5.7 ac (248,292 SF)
APN PUTN M:026 L:006 U:000
UPID US15-0782880
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
  • Gas Station - Stop and Shop Gas Station
  • Stop & Shop Grocery & Convenience Store Food Market
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Volta Charging Station Electric Vehicle Charging Station
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.50M
Blend (final) Blend
$6.52M
Owner & transaction history
PUTNAM LLC
PUTNAM LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $7.1M +0.6%
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