For Sale Details
$3,595,000
$139.56 / SF
$139.56 / SF
- Property Type Retail / Storefront
- Sale Type Investment
- Status Active
- Created 09/20/22
- Updated 02/21/24
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: 7.6%
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.
