The former Manchester Sam’s Club property has been listed for sale for $6.9 million.
Sam’s Club, a subsidiary of Walmart Inc., is shopping the roughly 138,000-square-foot store space, at 69 Pavilions Dr., that it closed more than two years ago.
Town records show the former Manchester Sam’s Club property sits on 13 acres and is appraised at $12 million.
A CBRE listing says the property offers a “rare big-box opportunity in one of the most successful retail markets in New England” and is accompanied by more than 6 million square feet of retail space at the nearby Buckland Hills area, home to national retailers including Home Depot, Dick’s Sporting Goods, Lowe’s Home Improvement and Home Depot, among others.
The store marked Connecticut’s first Sam’s Club when it debuted in 1991. But the Manchester and Orange Sam’s Club locations were two of 60-plus members-only stores that were closed nationwide in Jan. 2018.
The Manchester store closure and the subsequent impact to 150 workers was due, in part, to poor financial performance, according to a report by the Hartford Courant.
The former Sam’s Club is not the only major Manchester property on the sales block.
As previously reported, the landlord of Bob’s Discount Furniture’s corporate headquarters on Tolland Turnpike is marketing the 107,083-square-foot Class A office property to potential suitors. The asking price was not disclosed in a property listing.
