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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

76 Norwich-Westerly Rd North Stonington, CT 06359

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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