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3413 Berlin Turnpike, Newington, CT

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3413 Berlin Turnpike

Newington, CT 06111 - Newington Submarket

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:1953
Building Size:4,486 SF Land Area:1 AC (43,560 SF)
For Sale Price:$2,995,000 Price/SF:$667.63
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 8.92/1,000 SF
Features:Signalized Intersection

One of the few remaining landmark sites on the Berlin Turnpike in Newington. Signalized intersection of Berlin Turnpike (Rte. 15) and Pane Road. Daily traffic count of 36,800 vehicles.

Sale Notes:
FOR SALE OR LEASE. Rare opportunity to secure the best remaining corner on the Berlin Turnpike; corner lot at traffic signal, intersection of Berlin Tpke & Pane Rd. Traffic count is highest in town- 40,000 cars per day on Berlin Tpke & nearly 11,000 cars per day on Pane Road. At the heart of national retailers such as Best Buy, Walmart, Sam' s Club, Target, Home Depot, Staples, LA Fitness, P.C. Richards, Raymour & Flanigan, Vitamin Shop, Friendly' s & in front of Stew Leonard' s. 77 Parking spaces available. Redevelopment opportunity with concepts that include drive-thru's and building sizes of approximately 10,000 SF. Please call for more details.
At the most desirable corner of the Berlin Tpke. & Pane Rd., at a traffic signal. In front of Stew Leonard' s, across from Best Buy.

Demographics within 1, 3 & 5 mile radius:
Population: 1: 5,520 3: 66,009 5: 187,616
Avg. Household Income: 1: $98,610 3: $87,556 5: $87,553

Regions Commercial LLC
Michael Guidicelli
(860) 854-6500

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