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    Mystic, CT
    Strip Mall

    Mystic, CT Strip Malls for Sale

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    Groton, CT Stonington, CT Ledyard, CT North Stonington, CT New London, CT Waterford, CT Quaker Hill, CT Westerly, RI
    Value-Add Strip Center Opportunity
    Updated: Feb 21, 2024
    Value-Add Strip Center Opportunity

    12 Coogan Blvd, Mystic, CT 06355

    Contact for pricing
    38,625 sqft
    Value‑add opportunity with 13,454 SF of vacancy and potential NNN lease conversions for cash flow growth.
    Located in Mystic, CT, a popular tourist destination near Olde Mistick Village, Mystic Seaport, and the Mystic Aquarium.
    Strong tenant mix with nationally recognized brands like Morgan Stanley and Starbucks (lease recently extended).
    Recently underwent facade renovation and roof replacement, minimizing immediate capital expenditure.
    High visibility location directly off I‑95, benefiting from tourist and local traffic.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mystic, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Building Strip Mall Plaza
    Multi-Building Strip Mall Plaza

    7440 Post Road, North Kingstown, RI 02852

    $2,195,000
    9,780 sqft 1.77 AC lot

    PR-zoned retail property with multiple buildings, separate utility metering, public sewer service, and on-site parking.

    View details
    Multi-Building Strip Mall Plaza
    Multi-Building Strip Mall Plaza

    7440 Post Road 7456, North Kingstown, RI 02852

    $2,195,000
    9,780 sqft 1.77 AC lot

    Multi-building plaza with 7–8 units, 50 parking spots, separate electric and gas meters, and public sewer connection.

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    Updated Strip Plaza with Parking
    Updated Strip Plaza with Parking

    80 Greenville Avenue, Johnston, RI 02919

    $999,900
    4,000 sqft

    One-level strip plaza is updated and currently operated as a pub and pizza place, with a large parking lot.

    View details
    Mixed-Use Property with Multiple Units
    Mixed-Use Property with Multiple Units

    39 Greenville Ave, Johnston, RI 02919

    $2,200,000
    13,828 sqft

    Income-producing property combines residential, retail, and commercial space with all units currently leased.

    View details

    Mystic, CT Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Mystic, CT on our real estate platform. These investment opportunities span a total of 38,625 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) -1.7%
    Median Household Income $132,367
    College Educated 42.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $31.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in New London County

    New Delisted

    Total CRE Inventory on Market (SF)

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