Historical Retail Sale Listing - Old Lyme Shopping Center

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Old Lyme Shopping Center

19 Halls Road, Old Lyme, CT 06371

N/A

43,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
43,000 SF
Property Type:
Retail
Property Sub-type:
Community Center
Additional Sub-types:
Neighborhood Center
Property Use Type:
Investment
Cap Rate:
7.50%
Occupancy:
88%
No. Stories:
2
Tenancy:
Single
Year Built:
1960
Lot Size:
4 AC
Parking Ratio:
99 / 1,000 SF
Listing ID
14170575
Last Updated
over 1 year ago

Highlights

  • Recent Appraisal Supports Price
  • Great 1031 Property
  • Excellent Long Term Investment
  • Minimum Day to Day Work Required
  • Clean Environmental

Description

Solid neighborhood plaza located in a upper scale quality town. Long term quality investment opportunity. May be possible to expand plaza 5,000 SF-Approvals have expired.

Close to I-95 and beach areas. Very desirable community.

Map of 19 Halls Road, Old Lyme, CT 06371 (New London County)

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Created 4/4/2005