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Retail Opportunity Near UConn Campus
For Lease
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575 Middle Turnpike, Mansfield, CT 06268

0.8 acre parcel near UConn, former gas station.

Space SizeContact for details
Lot Size0.80 Acres
Days on Market2197

Property Features for 575 Middle Turnpike

General Information

Standard status Active
Lot size 0.80 Acres
Property subtype Retail, Restaurant
Lease Type Modified Gross

Building Details

Year Built 1968
Tenancy Single

Spaces For Lease

at 575 Middle Turnpike Contact us

Available Space

Type
Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Lyman Real Estate Brokerage & Development
Listed By: Ron Lyman · License #CT REB.0417795
Source: Crexi
Added: Aug 7, 2020 Changed: Aug 8 Last Checked: Aug 11 at 5:09AM

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 Lyman Real Estate Brokerage & Development

Investment Insights

Based on property information with market context.

This 0.8-acre parcel, situated in an Opportunity Zone, is available for lease at $95,500 per year (NN) or for sale at $1,500,000. The property is located near Storrs Road (Route 195) and the University of Connecticut (UConn) campus. Formerly a gas station with a 1,953 square foot building, it offers a prime retail location. Zoned PB3 (Planned Business), the property benefits from 188 feet of frontage and a traffic count of 14,600. It is positioned at a signalized intersection of Professional Park Road, leading into the new UConn Technology Park, a 990,000 square foot multi-story facility for research and development and meeting space. The property's taxes are $5,444.

Key Highlights

  • Prime retail location near UCONN campus and the new UCONN Technology Park
  • Located in an Opportunity Zone
  • High traffic count (14,600) at a signalized intersection

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop HVAC Service Big Box & Wholesale Store Dental Office Plumbing Service Kitchen & Bath Showroom

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

160
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 30%
Cumberland Farms Shops & Services
30,266 visits/mo 0.3 miles
Dunkin' Donuts Dining
18,046 visits/mo 0.2 miles
Dollar General Shops & Services
7,604 visits/mo 0.1 miles
Bank of America Shops & Services
2,754 visits/mo 0.1 miles
KeyBank Shops & Services
2,341 visits/mo 0.0 miles

Demographics for 06268, CT

12,460
Population
3,938
Households
3.2
Avg Household Size
27
Median Age
59%
College-Educated
96%
High-School Grad
26.6 sq mi
ZIP Area
468
Density / Sq Mi
$56,533
Median Household Income
$10,983
Median Earnings
$1,442
Median Rent
$328,600
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - 0.8 acre parcel near UConn, former gas station.
Where is this gas station located?
The property is located at 575 Middle Turnpike Mansfield, CT.
What are key features of this property?
This property features: Prime retail location near UCONN campus and the new UCONN Technology Park; Located in an Opportunity Zone; High traffic count (14,600) at a signalized intersection
(860) 887-5000 Call to check price and availability
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