Single-Use Supermarket
99 RIVER ROAD Preston, CT 06351
99 RIVER ROAD, Preston, CT, 06351
Contact for pricing
For Sale
Contact for pricing
Pending
Existing supermarket sits on approximately 3.75 acres off Exit 84 of I-395 in Lisbon, CT, with a long-term tenant in place.
Property Size25,000 SF
Lot Size3.75 Acres
Days on Market103
Property Features for 99 RIVER ROAD
General Information
- Standard status
- Pending
- Size
- 25,000 SF
- Lot size
- 3.75 Acres
- Property subtype
- Retail
Listing agency
Net Leased Investment Company
Listed by
Bob Fraser · License #FL BK3023711
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 12:34AM Checked: Jul 21 at 10:40AM
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 Net Leased Investment Company
Investment Insights
Based on property information with market context.
Existing 25,000 sq. ft. supermarket is situated on approximately 3.75 acres directly off Exit 84 of Interstate 395 in Lisbon, Connecticut. The property is leased to Better Val U Supermarkets, Inc., which has operated at this location since the 1970s.
The tenant recently signed a new 10-year extension through 12/31/2027, with a 10% rent increase after year five. Lisbon Landing and the Crossing at Lisbon, which total approximately 1 million square feet of retail space, draw customers from a 15+ mile radius, supported by national retailers including Walmart, Target, Lowes, Home Depot, and Dick’s Sporting Goods.
The surrounding area is positioned near Foxwoods and Mohegan Sun casinos and major employers such as Pfizer Chemical and Electric Boat.
The tenant recently signed a new 10-year extension through 12/31/2027, with a 10% rent increase after year five. Lisbon Landing and the Crossing at Lisbon, which total approximately 1 million square feet of retail space, draw customers from a 15+ mile radius, supported by national retailers including Walmart, Target, Lowes, Home Depot, and Dick’s Sporting Goods.
The surrounding area is positioned near Foxwoods and Mohegan Sun casinos and major employers such as Pfizer Chemical and Electric Boat.
Key Highlights
- Existing 25,000 SF supermarket on approximately 3.75 acres off Exit 84 of I‑395 in Lisbon, CT
- Tenant Better Val U Supermarkets, Inc. has operated at the location since the 1970s
- New 10‑year lease extension through 12/31/2027
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
Similar Off Market Nearby
- Adams Hometown Market — 99 River Rd, Lisbon, CT 06351
- Better Valu Supermarkets — 99 River Rd, Lisbon, CT 06351
- Target Grocery — 195 River Rd, Lisbon, CT 06351
FAQs
What type of property is this?
Grocery and convenience store - Existing supermarket sits on approximately 3.75 acres off Exit 84 of I-395 in Lisbon, CT, with a long-term tenant in place.
Where is this grocery and convenience store located?
The property is located at 99 RIVER ROAD Preston, CT.
What are key features of this property?
This property features: Existing 25,000 SF supermarket on approximately 3.75 acres off Exit 84 of I‑395 in Lisbon, CT; Tenant Better Val U Supermarkets, Inc. has operated at the location since the 1970s; New 10‑year lease extension through 12/31/2027
