14,635 SF Retail Strip Center

Retail-Commercial for Sale
Catylist Listing ID: 30353293
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 14,635 SF
Gross Land Area: 1.48 Acres
Sale Price: $1,430,000
Unit Price: $97.71 PSF
Property Use Type: Investment
Usable Size (USF): 14,635 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/16/2019

Overview / Comments

O,R&L Commercial is please to present a 14,638 SF Multi-tenanted Strip Shopping Center for Sale with 2,830 SF End cap space available for lease at 1862 Berlin Turnpike in Wethersfield, CT. The property situated on 1.48 acres features 258' frontage, a traffic light, and a traffic count of 44,300 ADT. The parking lot was re-paved in 2016 and the roof in the original section of the building was replaced in 2017.

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $39,039 (Annual)
Assessed Value - Total($) $957,300 (Annual)

Current Tenants

Tenant Business Name Atlas Tile
Industry Type Retail Trade
SF of Space Occupied 7,480 SF
Tenant Business Name Atlas Tile
Industry Type Retail Trade
SF of Space Occupied 1,455 SF
Tenant Business Name El Pollo Guapo
Industry Type Accommodation and Food Services
SF of Space Occupied 1,415 SF
Tenant Business Name Pretty Pups & Mutts
Industry Type Other Services
SF of Space Occupied 1,415 SF

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Hartford
Tax ID/APN: 09003159-033013
Zoning: RC
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Route 5/15
Feet of Frontage: 258
Traffic/Vehicle Count: 44,300
Highway Access: I-91 S to Exit 28
Site Description: The property situated on 1.48 acres features 258' frontage, a traffic light, and a traffic count of 44,300 ADT.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,638 SF
Property Condition: Average
Year Built: 1967
Year Renovated: 1986
Roof Type: Flat
Construction/Siding: Concrete, Steel Frame
Total Parking Spaces: 72
Parking Ratio: 5.6 (per 1000 SF)
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas, Oil
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 258
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,165 122,310 309,021
Median Age: 45.74 39.57 37.63
Households: 4,778 47,348 124,025

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