714-742 West St 31,518 SF 27% Leased Retail Building Southington, CT 06489 $3,500,000 ($111.05/SF)

Farmers Insurance is a reciprocally structured insurance group co-founded in 1928 and headquartered in Woodland Hills, California. It delivers a diverse range of personal and commercial insurance solutions, including auto, homeowners, life, business, and specialty coverages. Farmers operates through the Farmers Insurance Exchange and associated reciprocal exchanges, with management services provided by Farmers Group, Inc., a subsidiary of Zurich Insurance Group. As a privately held reciprocal group, it serves millions of policyholders via a network of exclusive and independent agents. The company has evolved through strategic acquisitions, including Bristol West and 21st Century, and has been publicly recognized in industry rankings for agency distribution growth.

Subway is a global quick-service restaurant brand known for its customizable submarine sandwiches and widespread franchised business model. Founded in 1965, the company has grown into one of the world’s largest restaurant chains by unit count, operating tens of thousands of locations across more than 100 countries. Following its sale to Roark Capital in 2024, Subway entered a new phase of operational restructuring and brand modernization. In July 2025, Jonathan Fitzpatrick, a seasoned executive with prior leadership roles at Driven Brands and Burger King, was appointed CEO to guide the company through this transition. The brand has faced significant market shifts over the past decade, including increasing competition, evolving consumer expectations, and declining U.S. sales, prompting renewed investments in menu upgrades, digital ordering, and organizational realignment. Subway remains privately held under Roark Capital’s ownership, with ongoing efforts to strengthen franchisee support and improve systemwide performance as it works toward revitalizing its global footprint.