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Five-Tenant Retail Center

143 River Road, Lisbon, CT 06351

For Sale
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The fully leased center combines nationally recognized retail and service tenants along River Road.

Property Size10,149 SF
Lot Size6.33 Acres
Price / SF$759.32
Days on Market11

Property Features for 143 River Road

General Information

Standard status Active
Size 10,149 SF
Lot size 6.33 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes
Tenant in Place Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 2:34PM

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 Horvath & Tremblay

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Investment Insights

Based on property information with market context.

The five-tenant retail center contains 10,149 square feet on a 6.33-acre parcel and is fully leased. Occupants include Starbucks, GoHealth Urgent Care, Verizon, and Jersey Mike’s, alongside a master lease. Starbucks, GoHealth Urgent Care, and Verizon each have more than eight years remaining on their leases, with renewal options. Jersey Mike’s has a new 10-year lease with two five-year renewal options. Lease terms include rent increases every five years during primary terms and/or renewal periods; the master lease runs for one year from closing.

The property is on River Road beside Interstate 395’s Exit 21 interchange and between two signalized intersections. It is adjacent to a shopping center anchored by Target, Lowe’s, and Aldi, and across the street from Lisbon Landing, which includes Walmart Supercenter, Home Depot, and Kohl’s. Routes 12, 138, 164, and 169 also serve the area.

Key Highlights

  • 10,149‑square‑foot center on 6.33 acres
  • Five‑tenant property is fully leased
  • Starbucks, GoHealth Urgent Care, Verizon, and Jersey Mike’s are among the occupants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Auto Repair Shop Dental Office Big Box & Wholesale Store

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06351, CT

15,609
Population
6,864
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
93%
High-School Grad
52.5 sq mi
ZIP Area
297
Density / Sq Mi
$84,107
Median Household Income
$46,649
Median Earnings
$1,115
Median Rent
$276,200
Median Home Value

Market

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

Similar Off Market Nearby

  • KEYSTONE FIREWORK TENT — 411 Voluntown Rd, Griswold, CT 06351, United States

Frequently Asked Questions

What type of property is this?
Shopping center - The fully leased center combines nationally recognized retail and service tenants along River Road.
Where is this shopping center located?
The property is located at 143 River Road Lisbon, CT.
What is the asking price?
The asking price for this property is $7,706,290.
What are key features of this property?
This property features: 10,149‑square‑foot center on 6.33 acres; Five‑tenant property is fully leased; Starbucks, GoHealth Urgent Care, Verizon, and Jersey Mike’s are among the occupants
(704) 409-2360 Call to check price and availability
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