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Property Address

802/804 Federal Road, Brookfield (Route 25), CT  06804

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Property Details

Status
Active
Town
Brookfield
Type
Commercial Lease
Units
4
Year Built
2019
Complex
Brookfield Village
Heating
Gas on Gas, Heat Pump
Cooling
Zoned
Approx Sq. Feet
15,200
Acreage
3
Current Use
Construction complete 2019
Permitted Use
Retail, Office, apartments
Zoning
TCD
Garage
Paved, On Street Parking
Construction
Frame, Metal
Utilities
Electric, Gas, Telephone, Cable, Fire Suppression System
Days on Market
285 days
Lease Term Type
Per SqFt/Per Year
MLS#
170105203

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$26

802/804 Federal Road, Brookfield, CT, Connecticut 06804. The Commercial spaces available in Buildings 2 and 3 have excellent leasing depths to meet your requirement with large outdoor patio and plaza areas ideally suited for outdoor dining and display. Units as small as 1,000sf are available and we are Pre-leasing now for late 2019 occupancy of choice locations. Rents are in the range of $19/S.F. to $26/S.F. NNN. Pre-leasing includes a substantial build-out allowance for 5 and 10 year leases with 100% of Brookfield's Real Estate Tax Abatement credited to the Tenant for the duration of the Abatement. The substantial build-out allows you to design and build out quality space for your business needs.
Convenient and substantial parking is at your doorstep. There is a bus stop directly in front of the Brookfield Village on Federal Road. Utilities include Charter Cable, natural gas, and Municipal water & sewer.
The Brookfield Village Project includes four new buildings with approximately 26,000 sf of commercial space located on the first floor. Two stories of one and two bedroom nicely appointed residential apartments are above the first floor commercial space. The TCD zoning allows many uses including professional services, retail, restaurants, spas, medical related uses, food/ coffee services and offices.
The Master Planned Village concept will now be the new "go to" destination for restaurants, food services and personal service locations for many area residents as the project is developed and completed. The initial Brookfield Village Phase 1 first two buildings are completed. The pre-leasing program has been successful, producing quality tenants; Phase 1 is currently 83% pre-leased with lease commitments from Subway, Rich's Ice Cream Dairy, Italian restaurant, Traveling Chic Boutique and a nail salon. These new tenants are scheduled to be built out and completed early 2018. Two spaces in Phase 1 remain to be leased as of July 2018- in Building #1 on Federal Rd.- 1,280sf. Building #4 on Station Rd. has a 755sf space available. The success of the pre-leasing at Phase 1 has encouraged the developer to initiate the Phase 2 pre-leasing marketing program that is currently under way. The goal is to continue to produce high quality tenants focusing on restaurants, food services, personal services, medical and retail.
When Phase 2 is built, it will contain two buildings fronting on Federal Rd. separated by a large open plaza. These two buildings, similar in design to the recently built building on Federal Rd. will contain apartments above with first level commercial space designed to have substantial outdoor patio and plaza access. This is a desired design for the many restaurants and retail operations who now require adjacent outdoor displays and patio dining. The development plan is for completion of the two Phase 2 buildings by the end of 2019. Additional large parking areas will be built during this added phase of the project.
The Commercial space units can be sized to fit a tenant's requirement and Pre-leasing for choice locations in the complex are available. Rents range from $19/S.F. to $26/S.F. NNN. Pre-leasing includes substantial build-out allowance for 5 and 10 year leases. This substantial build-out allows the tenant to design and build out quality space for their business needs. 100% of Brookfield's Real Estate Tax Abatement credited to the Tenant for the duration of the 7 year tax abatement allowing for very competitive rent rates.
Convenient substantial parking is available for tenants and customers. The regional public transportation bus stop is directly in front of the Brookfield Village on Federal Road. Utilities include Charter Cable/Internet, natural gas, and Municipal water & sewer. The location provides easy access from Rte. 25, Super 7 & I-84 via exit #7. See how your business fits into Brookfield Village.

 
 

Listing courtesy of Advantage Realty, Inc.