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- LoopNet Team
806 Federal Rd
Brookfield, CT 06804
800 Federal Rd. - Brookfield Village · Property For Lease · 126,956 SF
About the Property
“Brookfield Village” is a multi-phased, mixed-use Retail/Commercial/Residential Development Project located at the Brookfield Town Center District emerging growth and robust development area. The project spans over 3 acres with frontage at 800 Federal Rd. Brookfield Village is Brookfield’s new premier “Town Center District” Master planned Revitalization Project providing a charming village community concept on Federal Road adding many new residents within walking distance as the Four Corners area continues development over the next few years. Currently, the Four Corners TCD has over 800 residential units approved, under construction or built. 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 Brookfield Village Project includes four new buildings when completed with 72 apartments and 26,000 sf of street level commercial space. Each building has large adjacent parking lots and additional Federal Rd. parking. The Brookfield Village project is within the Town Center District Zone allowing many uses including restaurants, food/coffee services, professional/personal services such as salons, spas, retail, medical related uses. The initial Brookfield Village Phase 1 first two buildings are in the final construction completion stages. The pre-leasing program has been successful in producing quality tenants; Phase 1 is currently 67% pre-leased with lease commitments from Subway, Rich’s Ice Cream Dairy, an Italian restaurant, and a nail salon tenant. All of these new tenants are scheduled to be built out and completed early 2018. Three spaces in Phase 1 remain to be leased as of January 2018– in Building #1 on Federal Rd., adjacent spaces of 1,200sf and 1,100sf. 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 two floors of 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. Currently, the plan is for completion of the two Phase 2 buildings after mid-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 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. This substantial build-out will allow the tenant to design and build out quality space for their business needs. In addition, 100% of Brookfield’s Real Estate Tax Abatement is being credited to the Tenant for the duration of the 7 year tax abatement allowing for very competitive rent rates on the project. 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 Eversource Electric, Charter Cable / Internet, natural gas, and Municipal water & sewer. The location provides easy access from Rte. 25, Super 7 & I-84 via exit #7. Leases are now available so reserve your location at the Brookfield Four Corners. Call George Walker today to reserves your space. 203-733-0692.
PROPERTY FACTS
Property Type | Multifamily | Building Size | 126,956 SF |
Property Subtype |
Apartment
|
Year Built | 2018 |
Apartment Style | Low Rise |
Property Type | Multifamily |
Property Subtype |
Apartment
|
Apartment Style | Low Rise |
Building Size | 126,956 SF |
Year Built | 2018 |
Features and Amenities
- 24 Hour Access
- Courtyard
- Fitness Center
- Pool
- Property Manager on Site
- Package Service
- Maintenance on site
Links
Listing ID: 6422645
Date on Market: 2017-03-23
Last Updated:
Address: 806 Federal Rd, Brookfield, CT 06804
The Multifamily Property at 806 Federal Rd, Brookfield, CT 06804 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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