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    397 Ct-2 Preston, CT 06365
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    Property profile & analytics

    397 Ct-2, Preston, CT 06365

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    • Retail properties & Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 397 Ct-2

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 1200-square-foot retail space, ideal for quick-service restaurants (QSRs), presents a lucrative opportunity in a high-traffic location. Situated within a larger 5,000+ square-foot gas station and convenience store complex, this single-tenant space boasts excellent visibility and accessibility, benefiting from an approximate daily traffic count of 12,400 vehicles. Its proximity to Foxwoods Resort and Casino (just 2 miles away) ensures a steady stream of potential customers. The space offers the optional addition of a drive-thru, enhancing operational efficiency and customer convenience. The initial lease term is five years, commencing at a monthly rent of $3,900 for the first year, subject to a 3% annual increase. Utilities are the tenant's responsibility, simplified by individual meters and a dedicated air conditioning unit. Tenants are responsible for build-out costs and any necessary customizations. This space is part of a larger complex with three additional available spaces, offering potential for expansion. Smaller spaces are also available at reduced rental rates. Located in New London County, this property represents a compelling investment for food and beverage businesses seeking a high-visibility location with strong foot and vehicle traffic.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Preston
    County
    New London
    State
    Connecticut
    Longitude
    -71.9921
    Latitude
    41.4881
    More about this property
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