This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1055 W Main St
New Britain, CT 06053
Specialty Property For Sale · 106,336 SF
Investment Highlights
- $17,500,000 with 10,000 SF of new outdoor storage delivered in May 2020
- 87,150 SF GLA “Class A” two story CubeSmart with proximate freeway location
- High Visibility: Dedicated turn lane, pylon sign, signalized intersection.
- Strong Storage Metrics: 50% of population within a 3-mile area are renters.
- Freeway Interchange Location: 130,000 daily freeway traffic count.
- Located in Retail Corridor: Adjacent to Dunkin’ Donuts. Between Stop & Shop (regional grocer) and Lowe’s.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 106,336 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1995/2016 |
| Lot Size | 7.63 AC | Parking Ratio | 4.25/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 7.63 AC |
| Building Size | 106,336 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2016 |
| Parking Ratio | 4.25/1,000 SF |
About 1055 W Main St , New Britain, CT 06053
Redeveloped in 2015, New Britain Self Storage Super Center is a 1,002-unit, 121,154 SF GLA two-story Class “A” climate-controlled self-storage supercenter located on 7.63 acres at 1055 Main Street, the major arterial road connecting to the freeway and downtown. An additional 10,000 SF of non-climate storage, consisting of 59 exteriors no climate-controlled units, will be completed in April 2020. PROPERTY SNAPSHOT: SALIENT FEATURES We believe the subject property represents a significant investment opportunity for several compelling reasons, some of which are highlighted in more detail below: A CubeSmart 87,150 –square-foot “Class A” two-story building with proximate freeway location. Infill location on Major Retail Corridor, adjacent to the freeway. Underserved Storage Market: less than 3 SF per capita. National avg. is 7 SF. Strong Storage Metrics: 50% of the population within a 3-mile area are renters. Average household income: $72,000 with population growth. Freeway Interchange Location: 130,000 daily freeway traffic count. High Visibility: Dedicated turn lane, pylon sign, signalized intersection. Located in Retail Corridor: Adjacent to Dunkin’ Donuts. Between Stop & Shop (regional grocer) and Lowe’s. Management: Cube Smart, one of the largest self-storage owner/operators, oversees all day to day operations upon completion of construction. GEOGRAPHIC LOCATION New Britain is home to Stanley Black & Decker, a Fortune 500 Company. Located just nine miles south of Hartford, New Britain lies within Hartford County. Among the southernmost communities encompassed within the Hartford Springfield Knowledge Corridor Metropolitan Region. New Britain is home to Central Connecticut State University and Charter Oak State College.
PROPERTY TAXES
| Parcel Number | NBRI-000003D-000000-F000001 | Improvements Assessment | $5,721,800 |
| Land Assessment | $1,726,130 | Total Assessment | $7,447,930 |
PROPERTY TAXES
