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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
- -
- -
- -
- -
Farmers Insurance began in 1928 with a focus on insuring the vehicles of rural farmers and ranchers, then expanded into a broad insurance business serving households and businesses across the United States. The company offers coverage for home, auto, life, business, recreational vehicles, and other specialty needs, and also provides financial products through multiple companies, brands, and distribution channels. Farmers Insurance reaches customers through a network of exclusive agencies, independent agents, and direct sales channels, while business insurance spans property, liability, crime, and industry-specific coverage options.
- Giovanni's Pizzeria
- Accommodation and Food Services
- -
- -
- -
- -
- Ims Barter
- -
- -
- -
- -
- -
- Land Smoke Shop & Convenience
- Retailer
- -
- -
- Triple Net
- Aug 2025
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- Services
- -
- -
- -
- -
Subway began in 1965 when Fred DeLuca and Peter Buck opened Pete's Super Submarines in Bridgeport, Connecticut, and the business later adopted the Subway name as it expanded. The company grew by franchising in the 1970s and built a restaurant model centered on freshly made, convenient sandwiches served at value-focused prices. Subway now operates as a global restaurant franchise with a network of franchisees serving made-to-order sandwiches and related menu items such as salads, cookies, soft drinks, and selected pizzas at certain locations. Subway ranks among the world's largest single-brand restaurant chains, with a wide international footprint and a continued focus on franchise-based growth.
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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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