2897 Berlin Tpke | Newington, CT 06111
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- LoopNet Team
2897 Berlin Tpke
Newington, CT 06111
FIRESTONE · Retail Property For Sale
Investment Highlights
- 8,400+/- SF Building on 1.01+/- Acre Site
- Strategically located along Berlin Turnpike (36,000 VPD) across from the Connecticut Department of Transportation (3,000 employees)
- 8-Miles from Hartford, CT | 5-miles from Hartford Brainard International Airport (6.5M+ annual passengers)
- 20-Year Absolute NNN Ground Lease w/ 6.5% Rent Bumps Every 5-years, in primary term and options
- Strong Demographics with Average HHI of $97,897 | Close proximity to major retailers including Target, Walgreens, Lowe’s, Panera Bread and many others
- Greater Hartford (MSA) Population: 1.2M +
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.01 AC
Zoning
PD - 8,400 square foot building that sits on just over an acre of land
Parking
43 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
246 FT on Berlin Turnpike
PROPERTY TAXES
| Parcel Number | NEWI-000023-000142-C000000 | Improvements Assessment | $977,800 |
| Land Assessment | $700,000 | Total Assessment | $1,677,800 |
PROPERTY TAXES
Parcel Number
NEWI-000023-000142-C000000
Land Assessment
$700,000
Improvements Assessment
$977,800
Total Assessment
$1,677,800
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