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Retail Space Near I-95 Exit
For Lease
Contact for pricing

29 Spencer Plains Rd, Old Saybrook, CT

Retail space with high visibility and strong traffic counts.

Space Size4,930 SF
Lot Size1.56 Acres
Days on Market513

Property Features for 29 Spencer Plains Rd

General Information

Standard status Active
Size 4,930 SF
Lot size 1.56 Acres
Property subtype RETAIL

Spaces For Lease

at 29 Spencer Plains Rd Contact us

29 Spencer Plains Rd

Floor
Bldg
Size
4,930 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Prime Location – Directly off I-95 at Exit 66, ensuring high visibility and accessibility. -...
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Listing Agency: New England Retail Properties Inc
Listed By: Matt Halprin · License #0292130
Source: Moodyscre
Added: Mar 18, 2025 Changed: Aug 8 Last Checked: Aug 11 at 10:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New England Retail Properties Inc

Investment Insights

Based on property information with market context.

This retail space is located directly off I-95 at Exit 66, providing high visibility and accessibility. The property benefits from strong traffic counts, with over 11,000 vehicles per day in a thriving retail corridor. Situated on 1.56 acres, the site offers potential for redevelopment or repurposing to fit a variety of uses. The property features excellent frontage and access, located at a signalized intersection with multiple points of ingress and egress. It serves a strong residential and commercial trade area with a growing consumer base. The location benefits from strong retail synergy, surrounded by national and regional tenants, including Big Y Supermarket, Ulta Beauty, Five Guys, Kohl’s, Choice Pet, and Econo Lodge Inn & Suites. The property size is 4,930 square feet.

Key Highlights

  • Prime location directly off I‑95 (Exit 66) with high visibility and accessibility.
  • Strong traffic counts: Over 11,000 VPD in a thriving retail corridor.
  • 1.56 acres suitable for redevelopment or repurposing.

Property Analytics

Current Use

Sal's Pizza & Pasta Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Grocery & Convenience Store Plumbing Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Groceries 32% Dining 19% Leisure 9%
Big Y World Class Market Groceries
29,318 visits/mo 0.2 miles
Kohl's Apparel
20,010 visits/mo 0.2 miles
Westbrook Cinemas Leisure
7,891 visits/mo 0.4 miles
Five Guys Dining
6,586 visits/mo 0.1 miles
Dunkin' Donuts Dining
4,836 visits/mo 0.2 miles

Market

Lease Benchmarks for Old Saybrook, CT

$16.8 /SF/Yr
Avg Asking Price
$13.21–$24 /SF/Yr
Price Range
6,900 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high visibility and strong traffic counts.
Where is this retail space located?
The property is located at 29 Spencer Plains Rd Old Saybrook, CT.
What are key features of this property?
This property features: Prime location directly off I‑95 (Exit 66) with high visibility and accessibility.; Strong traffic counts: Over 11,000 VPD in a thriving retail corridor.; 1.56 acres suitable for redevelopment or repurposing.
(860) 729-6810 Call to check price and availability
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