Property profile

828 Hopmeadow St Simsbury, CT 06070

FOR LEASE
Retail space
Property ID
US15-0626136
43,832 SF 3.5 ac lot Built 1954
Individually Owned 13-yr Hold Free & Clear
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For Lease
$20 SF/Yr 43,832 SF available
828 Hopmeadow St, Simsbury, CT 06070
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Property summary

AI-generated overview

This exceptional retail opportunity, Andy's Center Shops, offers 2,632 square feet of vacant space within a 14,500-square-foot multi-tenant building located at 828 Hopmeadow St, Simsbury, CT 06070. Situated in the heart of Simsbury, this property benefits from high visibility and traffic counts, with 14,500 vehicles passing daily at slow speeds. The building boasts strong anchor tenants including Valley Fine Wines and UConn Health Center on the upper level, and People's Choice Pizza and the Iron Horse Pub on the lower level. This vibrant location is surrounded by a variety of complementary businesses such as CVS, Starbucks, Subway, Plan B Burger, Millwright's Restaurant, Simsbury Performing Arts Center, McLadden's Restaurant & Pub, and Fitzgerald's Foods. The property also enjoys proximity to Ensign-Bickford, the International Skating Center of Simsbury, and future high-end residential developments. The available space offers excellent frontage on Hopmeadow Street (626 sq ft on the upper level) and Iron Horse Boulevard (1393 sq ft on the lower level). Ample parking is provided with 50 spaces. A left end-cap space is available for lease at a rate of $25 per square foot NNN. This presents a unique opportunity for a business seeking a high-traffic, established location in a thriving community. The property is located in Hartford County.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Total area 43,832 SF
Lot 3.5 ac (152,460 SF)
Zoning code SCZ
APN SIMS M:H09 B:227 L:1A+1B
UPID US15-0626136

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

828 Hopmeadow St Simsbury, CT 06070
Simsbury metro Census 466300 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.70M
Blend (final) Blend
$4.13M

Owner & transaction history

since 2012
2 recorded transactions
2021
Price N/A
2012
$1

Zoning & alternative use

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