Property profile

248 Flanders Rd East Lyme, CT 06357

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail opportunity is located inside a high-traffic Stop & Shop in East Lyme, Connecticut. The 500-square-foot space offers a prime, front-of-store location providing unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept boasts a range of benefits, including high-traffic placement for maximum customer interaction, leveraging Stop & Shop's consistent shopper flow to boost business. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM charges, and utilities, simplifying operational costs. Branding opportunities are available, with both interior and exterior signage options for enhanced exposure. The location benefits from exceptional demographics within a thriving trade area. This space is ideal for various businesses, including financial institutions, service businesses (such as pack and ship or repair services), health and wellness providers, and insurance or real estate agencies. However, food and beverage services, restaurants, and smoke shops are prohibited uses. The property is situated at 248 Flanders Rd, East Lyme, CT 06357, in New London County.

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Cafe & Coffee Shop
  • Take-out & Catering Grocery & Convenience Store
  • Atm Currency Exchange Service
  • Physician

Location

248 Flanders Rd East Lyme, CT 06357
East Lyme metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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