172-206 Kitts Ln | Newington, CT 06111
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- LoopNet Team
172-206 Kitts Ln
Newington, CT 06111
Newington Commons | Cashflowing Retail Center · Retail Property For Sale
Investment Highlights
- Stop & Shop Grocery-Anchored Shopping Center with outparcel.
- Placer.Ai ranks this Planet Fitness 2nd out of 6 locations within 10 miles.
- 65% occupied by credit tenants, including Stop & Shop Supermarket, Planet Fitness, and Petco.
- Value-add opportunity with 16% vacancy upside for lease activity.
- Located on the major retail corridor with strong traffic counts reported over 39,000 vehicles per day.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
184,659 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1970/1996
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
12 Exterior
Building FAR
0.21
Lot Size
20.30 AC
Parcel Numbers
Zoning
B-BT
Parking
700 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
863’ on Kitts Ln
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
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