1659 Storrs Rd, Storrs Mansfield, CT for Sale
Convenience Store - FOR SALE
1/2
null | 6.7% Cap Rate

1659 Storrs Rd
Storrs Mansfield, CT 06268


OVERVIEW

Storrs-Mansfield, CT — Home of NCAA Division I Champions, The UConn Huskies Located in the vibrant college town of Storrs, this exceptional 9.01-acre mixed-use development opportunity sits at the heart of Mansfield’s economic and cultural core, adjacent to the University of Connecticut’s flagship campus. “The Villages at Four Corners” offers a rare chance to develop in one of Connecticut’s most supply-constrained, high-demand student housing markets. Last Approved development site for Student Housing / Mixed Use, near campus with utility access! Per the town POCD UConn Market Demand Drivers: +5.1% projected enrollment growth at the Storrs campus by Fall 2025 Over 7,000-student housing shortfall projected Only 13,900 beds available for over 21,000 undergraduates On-campus housing guarantees revoked in 2024 due to overcapacity Waitlists and off-campus demand are growing rapidly

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

PB3

APN/PARCEL ID

MANS-000008-000015-000012

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