4 Commerce Road - Newtown

Shopping Center for Lease
Also listed as Retail-Commercial, Office
Catylist Listing ID: 28221495
Property Subtypes: Mixed Use, Neighborhood Center, Strip Center
Contiguous Space: 1,500 - 12,040 SF
Total Available: 19,390 SF
Building Size (RSF): 19,390 SF
Gross Land Area: 1.94 Acres
Lease Rate: $18.75 - 22.50 PSF (Annual)
Base Monthly Rent: $19,063
Lease Types: NNN
Last Updated: 7/15/2021

Overview / Comments

The site is currently in the planning process for an expected 19,390 s.f. of office and retail space. All leases will be subject to the receipt of Town approval to construct this building on the site (site plan approval). This is an ideal retail location just 30 seconds off Exit 10 of I-84. The proposed building is located across the street from Union Savings Bank and the U. S. Post Office. There is approximately 280' of frontage on Commerce Road with a very high traffic count. The property is also located at entrance to "planned" Newtown Tech Park on The Fairfield Hills property. Note there is possible vehicle access also available on Conners Road with frontage on Church Hill Road. The 1.943 acres is zoned B-2 allowing numerous retail, office and other commercial uses. The property is also adjacent to Housatonic Railroad. There is Town sewer and water located on Commerce Road. The property could also be available for sale at $1,195,000 - A new survey and topography map has been completed for easy feasibility planning. Call J. Michael Struna for an appointment and walk the property - 203-798-9345.

Expand All 2 Spaces Available

Suite: Office 7,350 SF $18.75 - 22.50 PSF (Annual) NNN
Suite: Retail 12,040 SF $19 PSF (Annual) NNN

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Taxing Authority: Town of Newtown
Tax ID/APN: 27-5-1-C
Zoning: B-2
Market Type: Medium
Property Located Between: Connors Rd and Commerce Road
Side of Street: South
Road Type: Paved, 2-Track
Property Visibility: Excellent
Largest Nearby Street: Commerce Road
Feet of Frontage: 280
Transportation: Bus, Rail, Highway, Taxi
Highway Access: I minute to I-84 at Exit 10.
Airports: Danbury / Oxford
Site Description: Ideal retail location just off Exit 10 of I-84 - across from Union Savings Bank. Approximately 280�������� of frontage on Commerce Road. Access also available on Connors Road from Church Hill Road. 1.943 Acres zoned B-2 allowing numbers retail and commercial uses. Residential house and 2 garages currently on the site. Adjacent to Housatonic Rail Road. City sewer and water available in the street. Available for sale at $825,000. Call Mike Struna for an appointment and to get a copy of the new a-2 survey / site plan.
Area Description: Minutes from I-84 with retial visibility to Church Hill Road. Adjacent to the planned Newtown Technology park. Very high traffic area.
Zoning Description: B-2 Business zone
Lot Frontage: 280

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 746 19,398 48,819
Median Age: 43.65 42.95 43.95
Households: 270 6,798 17,205
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