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Property profile & analytics
OFF-MARKET
Neighborhood centers

0 Spencer Plains Rd Westbrook, CT 06498

22,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 22,000 square foot retail strip center, located on Spencer Plains Road in Westbrook, Connecticut (zip code 06498), presents a unique investment opportunity. Situated on a spacious 20-acre lot in Middlesex County, the property offers flexible space options, with a minimum divisible unit of 1,000 square feet and the potential to lease the entire 22,000 square feet contiguously. Currently, the entire center is vacant, providing a blank canvas for a new tenant or a portfolio of businesses. The property benefits from its strategic location, offering convenient access to Interstate 95 via Exit 66. This high-traffic area is further enhanced by its proximity to established anchors such as Big Y, Kohl's, and Ulta, ensuring high visibility and foot traffic for potential tenants. The property's address is Spencer Plains Road, Old Saybrook, CT, and its geographical coordinates are 41.2925842 latitude and -72.4257558 longitude. This prime retail location presents an unparalleled chance to establish a thriving business in a vibrant and accessible area. The property is classified as a retail strip center with multiple tenancy options. Interested parties should inquire about lease terms and conditions.

Property profile
Verified
Property type Neighborhood centers
Total area 22,000 SF
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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