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3yr; Cost$5m; Min Cash $1m; Profit to 50%+/- 714-742 West St 31,518 SF Vacant Retail Building Southington, CT 06489 $3,300,000 ($104.70/SF)
Executive Summary
Equity $5m+/- Yield to Cost-14%; Profit 58%- 3-year term? Speculative, Preliminary and Tentative - Ask me how?.
Property Facts
Amenities
- 24 Hour Access
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Community Residences Inc
- Health Care and Social Assistance
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- -
- -
- -
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- Finance and Insurance
- -
- -
- Triple Net
- Feb 2022
Farmers Insurance began in 1928 as the Farmers Automobile Inter-Insurance Exchange, created to serve drivers with affordable coverage. The company now offers insurance and financial products across home, auto, life, business, recreational vehicle, and device protection categories. Farmers Insurance uses a wide distribution model that includes exclusive agencies, independent agents, and direct sales channels, and it serves households and businesses across the United States.
- Giovanni's Pizzeria
- Accommodation and Food Services
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- -
- -
- -
- Ims Barter
- -
- -
- -
- -
- -
- Land Smoke Shop & Convenience
- Retailer
- -
- -
- Triple Net
- Aug 2025
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- Services
- -
- -
- -
- -
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- Accommodation and Food Services
- -
- -
- -
- -
Subway began in Connecticut as Pete's Super Submarines, a sandwich shop started with a small loan and later renamed Subway. The company has grown into a sandwich-focused restaurant brand built around freshly made subs, wraps, salads, and other menu items, with ordering available in restaurants, online, through delivery, curbside pickup, and catering. Its business rests on a franchise network that serves guests across a broad international footprint and has remained centered on convenient, made-to-order food since its early days.
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- Retailer
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Community Residences Inc | Health Care and Social Assistance | - | - | - | - | |
|
|
Finance and Insurance | - | - | Triple Net | Feb 2022 | |
| Giovanni's Pizzeria | Accommodation and Food Services | - | - | - | - | |
| Ims Barter | - | - | - | - | - | |
| Land Smoke Shop & Convenience | Retailer | - | - | Triple Net | Aug 2025 | |
|
|
Services | - | - | - | - | |
|
|
Accommodation and Food Services | - | - | - | - | |
|
|
Retailer | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The suite is built-out residential use or sports/church/entertainment. The suite may require an adaptive reuse plan. The rent quoted is "as is". The Tenant is requested to fit-up the suite. For strong A/B Credit Tenants that sign for 10 years or more, Landlord will consider building=out the suite. If the decision is made to convert the space to an alternative use, then a developer will convert the existing suite which includes a full raze and rebuild to new plan specs.
- 1st Floor
- 1,592 SF
- Retail
- In-Line
- Now
The spaces are quoted with "as is" rents. Tenants are requested to design and build-out their own suites with an architect and construction team.
The suite is built-out as medical and may require an adaptive reuse plan. The rent quoted is "as is". The Tenant is requested to fit-up the suite. For strong A/B Credit Tenants that sign for 10 years or more, Landlord will consider building=out the suite. If the decision is made to convert the space to residential, then the a developer will convert the existing suite to residential which includes a full raze and rebuild to new plan specs.
| Space | Size | Space Use | Position | Available |
| Lower Level | 9,324 SF | Retail | In-Line | Now |
| 1st Floor | 1,592 SF | Retail | In-Line | Now |
| At Grade | 1,592 SF | Retail | In-Line | Now |
| 2nd Floor | 10,619 SF | Retail | In-Line | 120 Days |
Lower Level
| Size |
| 9,324 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 1,592 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
At Grade
| Size |
| 1,592 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 10,619 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 120 Days |
Lower Level
| Size | 9,324 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The suite is built-out residential use or sports/church/entertainment. The suite may require an adaptive reuse plan. The rent quoted is "as is". The Tenant is requested to fit-up the suite. For strong A/B Credit Tenants that sign for 10 years or more, Landlord will consider building=out the suite. If the decision is made to convert the space to an alternative use, then a developer will convert the existing suite which includes a full raze and rebuild to new plan specs.
At Grade
| Size | 1,592 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The spaces are quoted with "as is" rents. Tenants are requested to design and build-out their own suites with an architect and construction team.
2nd Floor
| Size | 10,619 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 120 Days |
The suite is built-out as medical and may require an adaptive reuse plan. The rent quoted is "as is". The Tenant is requested to fit-up the suite. For strong A/B Credit Tenants that sign for 10 years or more, Landlord will consider building=out the suite. If the decision is made to convert the space to residential, then the a developer will convert the existing suite to residential which includes a full raze and rebuild to new plan specs.
Nearby Major Retailers
Property Taxes
| Parcel Number | SOUT-000109-000000-000044 | Improvements Assessment | $899,050 |
| Land Assessment | $295,620 | Total Assessment | $1,194,670 |
Property Taxes
Presented by
3yr; Cost$5m; Min Cash $1m; Profit to 50%+/- | 714-742 West St
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