Property profile

657 Silas Deane Hwy C Wethersfield, CT 06109

FOR LEASE
Retail space
Property ID
US15-0648169
14,400 SF 2.3 ac lot Built 1951
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 14,400 square foot freestanding building, situated on Silas Deane Highway in Hartford County, presents a premier leasing opportunity. The property boasts a highly desirable location within a bustling retail corridor, experiencing over 20,200 vehicles per day. Its strategic placement offers unparalleled visibility alongside established national brands such as Ocean State Job Lot, Marshalls/HomeGoods, Planet Fitness, Ulta Beauty, and Starbucks. The building is divisible to accommodate various tenant needs, making it ideal for a range of uses including retail, medical, restaurant, or service businesses. Ample parking is available with 116 on-site spaces. The 2.3-acre lot provides excellent space and visibility. The property benefits from strong demographics, serving a population exceeding 234,000 within a 5-mile radius. Convenient access to Interstate-91 (1.4 miles, a 3-minute drive) further enhances its appeal. This is a rare opportunity to establish a thriving business in a high-traffic, high-visibility location with excellent access to major transportation routes. Contact us today to discuss lease terms and explore the possibilities. Rent is available upon request.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,400 SF
Lot 2.3 ac (100,188 SF)
Zoning code TC
APN WETH M:205 B:072
UPID US15-0648169

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
  • Crypto Atm Atm
  • Physician
  • Pharmacy
  • Pharmacy
  • Bank Credit Union

Location

657 Silas Deane Hwy, Unit C Wethersfield, CT 06109
Wethersfield metro Census 492200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$961k
Blend (final) Blend
$550k

Owner & transaction history

Zoning & alternative use

TC · Wethersfield, CT
Zoning description

B. The Town Center (TC) Business District is intended to provide for the development, maintenance, and enhancement of a community focal point along the Silas Deane Highway that provides for a more pedestrian- friendly ar…

General category COMMERCIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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