397 Ct-2 Preston, CT 06365

Property Details for 397 Ct-2

Property type

Retail properties

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.

Location Insight

City

Preston

County

New London

State

Connecticut

Longitude

-71.9921

Latitude

41.4881