Value-Add Strip Center
12 Coogan Blvd Mystic, CT 06355
12 Coogan Blvd, Mystic, CT, 06355
Contact for pricing
For Sale
Contact for pricing
Pending
Value-add strip center in a sought-after New England location.
Property Size38,625 SF
Days on Market881
Property Features for 12 Coogan Blvd
General Information
- Standard status
- Pending
- Size
- 38,625 SF
- Property subtype
- Retail
Listing agency
JLL - Boston, Massachusetts
(860) 214-2828
Listed by
Zachary Nitsche · License #MA 9574279
Source
Crexi
Added: Feb 21, 2024 Updated: Jul 6 at 8:28AM Checked: Jul 21 at 3:07AM
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 JLL - Boston, Massachusetts
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire Mystic Green, a strip center with approximately 38,625 square feet of space, located in Mystic, CT. The property is currently 68.4% leased, featuring a mix of nationally recognized tenants, including Morgan Stanley and Starbucks, alongside a selection of local businesses. Recent improvements include a facade renovation and roof replacement. The property has 13,454 square feet of remaining vacancy across 5 suites. Located in Mystic, CT, the property is near hotels, residential units, and tourist attractions such as the Olde Mistick Village, Mystic Seaport, and the Mystic Aquarium. The location benefits from its proximity to I-95 and the area's tourism activity, while also serving the local community.
Key Highlights
- Value‑add opportunity with 13,454 SF of vacancy and potential NNN lease conversions for cash flow growth.
- Located in Mystic, CT, a popular tourist destination near Olde Mistick Village, Mystic Seaport, and the Mystic Aquarium.
- Strong tenant mix with nationally recognized brands like Morgan Stanley and Starbucks (lease recently extended).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mitchel Boyd Strand
Physician
Dr. Mitchel Strand
Physician
Hair Unique
Hair Salon
Tesla Supercharger
Electric Vehicle Charging Station
U NAILS & SPA
Nail Salon
FAQs
What type of property is this?
Strip mall - Value-add strip center in a sought-after New England location.
Where is this strip mall located?
The property is located at 12 Coogan Blvd Mystic, CT.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Value‑add opportunity with **13,454 SF of vacancy** and potential NNN lease conversions for cash flow growth.; Located in Mystic, CT, a popular tourist destination near Olde Mistick Village, Mystic Seaport, and the Mystic Aquarium.; Strong tenant mix with nationally recognized brands like **Morgan Stanley and Starbucks (lease recently extended)**.
