76 Norwich-Westerly Rd North Stonington, CT 06359
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 76 Norwich-Westerly Rd
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 1200-square-foot retail space in North Stonington, Connecticut, presents a fantastic opportunity for a quick-service restaurant. Located within a busy 5,000+ square-foot gas station/convenience store at 76 Norwich-Westerly Rd, 06359, this property boasts high visibility and accessibility, with an estimated 12,000 cars passing daily. The space is ideal for concepts like sandwich shops, pizzerias, or coffee/donut shops and offers the optional addition of a drive-thru lane. A five-year lease is available, commencing at $3,900 per month for the first year, with a 3% annual increase thereafter. Separate utility meters and a dedicated AC unit simplify management, while tenants are responsible for utilities, build-out costs, and any necessary customizations. Smaller spaces are also available at reduced rates. This location offers significant potential for growth, with three additional spaces available within the same complex. The property is situated in New London County and benefits from its high traffic count and convenient location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Stonington
- County
- New London
- State
- Connecticut
- Longitude
- -71.8809
- Latitude
- 41.4723
