786 enfield street - loopnetimages4.loopnet.com/d2/-ckvzvhzns8bvq8h2uni4het41n1...786 enfield street...

786 Enfield Street Enfield, CT

FOR SALEMountain Laurel Shoppes

CONTACT INFO:

Indrek Buttner 860.672.5200 [email protected]

Hugh Schnip 877.327.3755 x 208 [email protected]

ExecutiveSummary

SummaryNAI Glickman Kovago & Jacobs is pleased to present for sale the fee

simple interest in Mountain Laurel Shoppes, a three building neighbor-

hood shopping center located on Enfield Street (Route 5) in Enfield, CT.

Mountain Laurel Shoppes is strategically located on the high visibility sig-

nalized corner of Enfield Street and Alden Avenue, just minutes away from

I-91, 20 miles north of Hartford, CT and 8 miles south of Springfield, MA.

1 Mercantile Street | Suite 510 | Worcester MA 01608

508.753.9100 | www.glickmankovago.com

Investment and PropertyDetails

• Sales Price: $2,495,000

• CAP Rate: 7.3%

• Location: Highly visible signalized corner

centrally located in a retail corridor.

• Strong traffic count: ADT15,800

• Strong demographics: More than 84,000

people live within a 5-mile radius with an average

household income of more than $91,000

• Proximity: Easy access to I-91. Less than 3/4

mile from Thompsonville Intermodal Transit

Center (bus and train service) slated to open in

2019. Close to Springfield, MA and Hartford, CT

Investment Highlights

Property Details

Tenants Subway Restaurants, Inc. UNail Spa, Creative of Enfield, Inc., OMI Oriental Grocery, Enfield Fitness, Capital Work-force Partners, Inc., State of Ct., OnPoint Connections LLC, Enfield Food Shelf, Inc.

Total Building Area 25,773 SF

• 786 Enfield Street 20,476 SF (built 1947, renovated 1989)

• 780 Enfield Street 1,305 SF (built 1955)

• 96 Alden Avenue 3,992 SF (built 1955)

Zoning BG-Business General

Land 3.02 Acres

Parking 169 Spaces



Demographics andStatistics

1 Mile 3 Mile 5 Mile

Population 9,041 35,766 84,347

No. of Households 3,764 24,607 31,190

Average Income $63,678 $81,809 $91,831

Average Daily Traffic (2012) — 15,800

EN

FIE

LD S

TRE

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ALDEN AVE

* Information gathered from Alteryx.com. US 2010 Census.



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Mountain Laurel Shoppes

10911

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ELM STREET

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FIE

LD S

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Lego Systems, Inc.555 Taylor Road

Transit Center33 North River St.

MassMutual100 Brightview Meadow Blvd.

Brooks Brothers100 Phoenix Street

MAJOR EMPLOYERS IN ENFIELD



AREA RETAIL

AboutEnfield

The Ideal SpotDEMOGRAPHICS

Population 44,699

Median Income $68,356

Median Home Price (county)

$256,000

Unemployment Rate 5.3%

Enfield is a town in Hartford County, Connecticut,

United States. The population was 44,654 at the

2010 census. It is bordered by Longmeadow, Mas-

sachusetts and East Longmeadow, Massachusetts

to the north, Somers to the east, East Windsor and

Ellington to the south, and the Connecticut River

(towns of Suffield and Windsor Locks) to the west.

Enfield is home to Mass Mutual and plastic toy

manufacturer Lego. Mountain Laurel Shoppes is in

the Thompsonville section of Enfield. Thompsonville

is undergoing a targeted economic reinvestment

and reinvigoration effort as part of the Town of En-

field’s Transit Oriented Development Plan (detailed

below).

Available online at www.thinkenfield.com/documentcenter/view/1193



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AboutOur Company

non-negotiableExperience and dedication are

Your business is our business. Personalized service and collaborative teamwork form the core of our philosophy.

NAI Glickman Kovago & Jacobs, a member of NAI Global (the World’s largest managed real estate network), is a full service commercial real estate company serving the heart of the Commonwealth with innovative solutions, unparalleled service and a commitment to quality, excellence and the client’s complete satisfaction.

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

1 Mercantile Street | Suite 510 | Worcester, 01608508.753.9100

glickmankovago.com

Glickman Kovago & JacobsAll information regarding property for sale or lease is from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no warranty or representation to the accuracy thereof and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale or lease or withdrawal without notice. Any projections and assumptions are used for convenience and example only and do not represent actual future performance. You and your trusted advisors should independently verify all information and projections.

1 Mercantile Street | Suite 510Worcester MA 01608508.753.9100

www.glickmankovago.com

786 enfield street - loopnetimages4.loopnet.com/d2/-ckvzvhzns8bvq8h2uni4het41n1...786 enfield street...

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