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Three-Tenant Plaza in Mansfield, CT
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96 Storrs Rd, Mansfield, CT 06250

8,502 SF plaza with Aspen Dental, Five Guys, Chipotle.

Property Size8,502 SF
Price / SF$687.17
Days on Market195

Property Features for 96 Storrs Rd

General Information

Standard status Active
Size 8,502 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $365,145

Building Details

Year Built 2024
Buildings 1
Stories 1
Units 3
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Feb 5 Changed: Aug 11 Last Checked: Aug 19 at 12:15PM

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

Investment Insights

Based on property information with market context.

The property at 96 Storrs Road in Mansfield, Connecticut, is a newer constructed, three-tenant plaza. The building contains 8,502 square feet and is occupied by Aspen Dental, Five Guys, and Chipotle. Aspen Dental has over 8 years remaining on its lease with three 5-year renewal options. Five Guys has over 13 years remaining on its lease with two 5-year renewal options. Chipotle has over 8 years remaining on its lease with four 5-year renewal options. All three leases include 10% rent increases every five years throughout the primary lease terms and at the start of each renewal option period. The plaza is strategically positioned along Main Street, offering visibility, frontage, and access at a signalized intersection adjacent to East Brook Mall. Located approximately 1.5 miles north of Downtown Willimantic and Eastern Connecticut State University, the property benefits from proximity to key demand drivers. The site provides direct access to major regional roadways, including U.S. Route 6 and CT Routes 14, 31, 32, 66, and 203, allowing connectivity to Hartford, Providence, and the broader eastern Connecticut market. Surrounded by national and local retailers and restaurants, and supported by nearby residential neighborhoods, multifamily housing, and area schools, the property is positioned to capture consistent traffic and a built-in customer base. Mansfield is located in Tolland County, approximately 28 miles east of Hartford and 29 miles north of New London.

Key Highlights

  • Newer construction (2024) three‑tenant plaza with a total of 8,502 square feet.
  • Strong tenant mix:** Aspen Dental, Five Guys, and Chipotle.
  • Long‑term leases in place with all tenants: Aspen Dental (8+ years), Five Guys (13+ years), and Chipotle (8+ years), all with renewal options.

Property Analytics

Current Use

Pondside Promotions Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Law Firm Big Box & Wholesale Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby
173k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 46% Groceries 22% Shops & Services 21% Dining 9%
T.J. Maxx Apparel
43,022 visits/mo 0.1 miles
Big Y World Class Market Groceries
37,875 visits/mo 0.1 miles
Kohl's Apparel
20,909 visits/mo 0.2 miles
Dollar Tree Shops & Services
12,852 visits/mo 0.2 miles
Old Navy Apparel
11,933 visits/mo 0.2 miles

Demographics for 06250, CT

4,951
Population
1,882
Households
2.6
Avg Household Size
42
Median Age
54%
College-Educated
97%
High-School Grad
16.7 sq mi
ZIP Area
296
Density / Sq Mi
$103,333
Median Household Income
$52,938
Median Earnings
$1,724
Median Rent
$286,500
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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Frequently Asked Questions

What type of property is this?
Strip mall - 8,502 SF plaza with Aspen Dental, Five Guys, Chipotle.
Where is this strip mall located?
The property is located at 96 Storrs Rd Mansfield, CT.
What is the asking price?
The asking price for this property is $5,842,321.
What are key features of this property?
This property features: Newer construction (2024) three‑tenant plaza with a total of 8,502 square feet.; Strong tenant mix:** Aspen Dental, Five Guys, and Chipotle.; Long‑term leases in place with all tenants: Aspen Dental (8+ years), Five Guys (13+ years), and Chipotle (8+ years), all with renewal options.
More about this property
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