FOR SALE
±53.5 ACRE REDEVELOPMENT SITE M-1 ZONED PARCEL NEAR BRADLEY INTERNATIONAL AIRPORT 47 NEWBERRY ROAD, EAST WINDSOR, CONNECTICUT
5 ±53.5 Acres
47 NEWBERRY ROAD
WALMART
Newberry Rd
Exit 44
www.cbre.com/hartford M-1 ZONED PARCEL NEAR BRADLEY INTERNATIONAL AIRPORT ±53.5 ACRE REDEVELOPMENT SITE
THE OPPORTUNITY
CBRE/New England is pleased to offer for sale this 53.5-acre site adjacent Lincoln Technical Institute at 47 Newberry Road in East Windsor, Connecticut. The site enjoys a convenient north central Connecticut location just off Interstate 91 via a full interchange at Exit 44, less than five miles from Bradley International Airport, and runs along the CT Route 5 corridor, which is populated by local and national retailers such as Walmart, Big Y, Wendy’s, Chick-fil-A and KF, in addition to the future casino development at the Showcase Cinemas site. The area immediately surrounding the site is heavily industrial with users including Infoshred, Mattress Firm, Blue Bell Mattress Co., Genex Turbine Technologies, Sustainable Building Systems, Timet, NLR and Scorpion Fasteners. While currently improved with a short-term lease to IAA, 47 Newberry Road is in a prime location with excellent redevelopment potential. With in-place cash flow for the short term and developable industrial sites in limited supply, 47 Newberry Road represents an excellent opportunity for a developer or user looking to grow in the Greater Hartford market. FOR SALE 47 NEWBERRY ROAD East Windsor, Connecticut
PROPERTY DETAILS
PROPERTY ADDRESS: 47 Newberry Road, East Windsor, CT 06088
PARCEL ID: 093/17/0198
LOT SIZE: 53.53 Ac; Of the total parcel, approximately 27.93 acres are usable and the balance is wetlands/conservation easement
ZONING: M-1 with permitted uses including manufacturing, warehousing, wholesale and other commercial/industrial uses
CURRENT SITE IMPROVEMENTS: Site is NNN-leased to Insurance Auto Auctions (“IAA”) through August 2021 and improved with two small structures (garage/repair facility and office/showroom) and large fenced area for parking/car storage.
REAL ESTATE TAXES: $62,151 per year, payable by IAA M-1 ZONED PARCEL NEAR BRADLEY INTERNATIONAL AIRPORT ±53.5 ACRE REDEVELOPMENT SITE FOR SALE 47 NEWBERRY ROAD East Windsor, Connecticut
QUEBEC 442 miles - 6.5 hours
OTTAWA DISTANCE TO REGIONAL HUBS 450 miles - 6.5 hours MONTREAL 343 miles - 5 hours ME Hartford, CT...... ±12miles
Providence, RI...... ±83miles NORTH MARKET MAJOR Boston, MA...... ±110miles VT DISTRIBUTION USERS BURLINGTON New York City, NY...... ±109miles 249 miles - 3.5 hours MANCHESTER Philadelphia, PA...... ±204miles 148 miles - 2.5 hours NH Baltimore, MD...... ±300miles NY Washington, D.C...... ±333miles TORONTO BOSTON MA 110 miles - 2 hours 506 miles - 7.5 hours ALBANY 125 miles - 2 hours PROVIDENCE CT 83 miles - 1.5 hours BUFFALO HARTFORD 411 miles - 6 hours NEW YORK 109 miles - 2 hours
NY NJ PHILADELPHIA 204 miles - 4 hours PITTSBURGH 468 miles - 8 hours MD BALTIMORE 300 miles - 5 hours DE WASHINGTON, D.C. 333 miles - 6 hours VA
THE LOCATION
47 Newberry Road is located in the Town of East Windsor with excellent access to Bradley International Airport (BDL), New England’s second largest airport, and superior access to interstate highways and regional transportation routes throughout New England. The Property’s location is ideal for attacting talent from both the Hartford, CT and Springfield, MA labor markets, and is easily accessed from the major cities of New York, Providence and Boston. In fact, the Greater Hartford region sits at the center of a distribution network that spans the entire northeast coast and serves as a major hub for a large number of companies including FedEx, Serta, Stop & Shop, Pepperidge Farm, Niagara Bottling, Advance Auto Parts, Ford, UPS, Tire Rack, Coca Cola, TJ Maxx/Home Goods and Amazon.
® CONTACT US
JOHN MCCORMICK CHRIS METCALFE ANNA KOCSONDY Executive Vice President First Vice President Vice President +1 860 987 4736 +1 860 987 4710 +1 860 987 4749 [email protected] [email protected] [email protected]
5 LINCOLN TECH BIG Y 91 47 NEWBERRY ROAD
MONEYGRAM 225 128 4
BLUE BELL MATTRESS CO. INFOSHRED TIMET
WALMART NLR, INC.
MATTRESS FIRM
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