The subject property is a 2.68 acre retail development site, zoned C-2 with allowable uses for a bank, retail or quick service restaurant
allowing for a drive-thru. As an outparcel to Montville Commons, a 280,000 square foot shopping center that is anchored by Stop &
Shop, New England’s dominant grocer, and shadow anchored by Home Depot. Other tenants include Chili’s, Olympia Sports, AT&T,
GameStop and Sleepy’s. Across the street is a McDonald’s, CVS Pharmacy and a Hyatt Hotel. Located on a hard corner with two means
of ingress/egress, the property offers a wide range of development opportunities.
The property is located near the intersection. Of Route 32 and Route 2A in the town of Montville, Connecticut. The property has
exceptional access from Route 32 via two signalized intersections and is only one mile east of Interstate 395. The corner will have
excellent visibility from Route 2A and along Route 32 by the access ramps. Centrally located between Boston and New York, Montville,
Connecticut has historically experienced positive growth in rents and appreciation in value, outpacing most other national markets and
has historically been underserved by quick service restaurants and retailers. Montville is also home to the world renowned Mohegan Sun
Resort and Casino that offers top entertainment, gourmet dining, premier shopping, luxury accommodations, and more. Opened by the
Mohegan tribe in 1996, the resort revitalized the area and is now one of the state’s leading employers. Its presence has ignited
population growth as well as boosted area household income. The property is less than two miles from The Mohegan Sun Resort Casino.