82-86 Storrs Rd - Storefront FOR SALE


Mansfield Center, CT 06250
$6,400,000 USD
860-691-2011
82-86 Storrs Rd, Mansfield Center, CT for Sale
$6,400,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

82-86 Storrs Rd
Mansfield Center, CT 06250


OVERVIEW

US Properties Real Estate Services is pleased to offer the Staples Center at 82-86 Storrs Rd. Mansfield Ct for sale. This fully leased shopping center with Petco, Staples, The Hoot and Farmer’s Cow Creamery has great visibility with 838 ft frontage on Hwy 195 opposite the East Brook Mall. The average tenancy for the 4 stores is over 15 years. Other retailers in the immediate market include Kohls, Old Navy, TJ Maxx, Michaels and Big Y World Market. The shopping center, strategically located at the junction of Route 6 and Highway 195 has additional upside to expand with a prepared pad of 2.92 acres. The University of Connecticut is 5.7 miles away on Hwy 195. This legacy asset has never traded ownership since it was developed 60 years ago.

FOR SALE DETAILS

PRICE

$6,400,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Staples Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

246

LAND DETAILS

CROSS STREETS

RT 6 & Rte. 195

LAND ACRES

10.28 AC

LAND SF

447,797 SF

ZONING

PB1

APN/PARCEL ID

MANS-000038-000109-000039

ASK ABOUT THIS PROPERTY

Quinn KellyUS PropertiesMore Info
860-691-2011

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Quinn KellyUS PropertiesMore Info
860-691-2011

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