For Sale Details

$3,950,000
$153.34 / SF
  • Property Type Retail / Storefront
  • Sale Type Investment
  • Status Active
  • Created 09/20/22
  • Updated 09/20/22

About 750 Newfield Street, Middletown, CT 06457

O,R,&L Commercial is pleased to present an Investment Opportunity of a 25,759 SF Retail Building at 750 Newfield Street in Middletown, CT.  The building, 1 story retail / flex built in 1974 and renovated in 2012, retains two sticky tenants that have held occupancy for 10 years.  The tenants have since exercised early renewal options (DG & MHQ) and expansion (MHQ).  The property is situated on 3.31 acres in the NPC Zone and is in a high traffic retail trade area of 15,463 ADT.

Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 25,759
  • Year Built: 1974 - 2012
  • Clear Height (Feet): 13 - 16
  • Drive In Doors: 8
  • Number of Stories: 1
  • Number of Buildings: 1

Land Details

  • Parking Count: 62
  • Acreage: 3.31
  • Gas: Yes
  • Sewage System: Public Sewer
  • Water System: Public Water

Financial Characteristics

  • Cap Rate: 7%

Documents for 750 Newfield Street, Middletown, CT 06457

750 Newfield Confidentiality Agmt.pdf 750 Newfield St Middletown Flyer.pdf

The Retail / Storefront property at 750 Newfield Street, Middletown, CT 06457 is currently available for sale. Contact Luke Massirio from O,R&L Commercial, LLC for more information.