210 River Rd - Freestanding FOR SALE


Lisbon, CT 06351
$3,875,000 USD
508-272-0585
210 River Rd, Lisbon, CT for Sale
$3,875,000 USD
Freestanding - FOR SALE
1/6
null | 7.42% Cap Rate

210 River Rd
Lisbon, CT 06351


HIGHLIGHTS

  • Compelling Value-Add Leasing Opportunity
  • Lowe's & Target Shadow-Anchored
  • Established National & Service-Based Tenancy

OVERVIEW

Lowe's & Target Shadow-Anchored: Strategically positioned within a dominant national retail concentration shadow-anchored by Lowe's and Target, generating significant daily traffic and regional consumer draw Compelling Value-Add Leasing Opportunity: Currently 67% occupied with 5,596 SF of existing vacancy, providing investors significant embedded upside through lease-up and stabilization Exceptional Surrounding Retailers: Immediately adjacent to ALDI, with Home Depot and Walmart Supercenter located directly across the street, further strengthening traffic and consumer draw to the immediate site Established National & Service-Based Tenancy: In-place tenant roster includes Mattress Firm, Aspen Dental, GNC, Great Clips, and Barla Nails & Spa, providing a diversified mix of national and service-oriented retailers Strategic I-395 Corridor Location: Convenient access to I-395, carrying approximately 44,500 vehicles per day, provides strong connectivity throughout southeastern Connecticut Affluent Regional Trade Area: More than 31,000 residents with average household incomes exceeding $101,000 are located within a 10-mile radius

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

7.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crossing at Lisbon | Lisbon, CT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

R-60

APN/PARCEL ID

LISB-000014-000042-000003

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.