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Stop & Shop Plaza 248-250 Flanders Rd 1,830 - 4,230 SF of Retail Space Available in East Lyme, CT 06333
Highlights
- Signalized Flanders Road location with strong visibility, high daily traffic, and ample on-site parking
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 40 | 1,830 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $43,920 /YR $3,660 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 45 | 2,400 SF | 3-5 Years | $24.00 /SF/YR $2.00 /SF/MO $57,600 /YR $4,800 /MO | Triple Net (NNN) |
248-250 Flanders Rd - 1st Floor - Ste Unit 40
Units 40 and 45 are currently configured as a single ±4,230 SF space that is in the process of being subdivided into two separately demised units. Unit 40 comprises approximately 1,830 SF within 250 Flanders Road Plaza. The space provides an efficient inline layout suitable for quick service restaurant, specialty food, retail, or service uses. The center is anchored by Stop & Shop and offers pylon signage along Interstate 95. The unit includes 12 ft ceiling height and sprinklered construction, supporting flexible interior buildout. Co-tenancy includes Stop & Shop, Verizon, Yale New Haven Health, and Brown & Brown Insurance.
- Lease rate does not include utilities, property expenses or building services
248-250 Flanders Rd - 1st Floor - Ste Unit 45
Unit 45 comprises approximately 2,400 SF within 250 Flanders Road Plaza. The space is suitable for retail, service, or professional uses and is located within a Stop & Shop anchored center that includes Verizon, Yale New Haven Health, and Brown & Brown Insurance. The layout supports showroom, retail, or open-concept configurations. The center offers frontage along Interstate 95 with established access and on-site parking.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Stop & Shop Plaza
- Tenant
- Description
- US Locations
- Reach
- Brown And Brown
- Finance and Insurance
- 1
- -
- Lawrence & Memorial Hospital
- -
- -
- -
- Stop & Shop
- Supermarket
- 615
- Regional
- Verizon Wireless
- Wireless Communications
- 8,060
- International
| Tenant | Description | US Locations | Reach |
| Brown And Brown | Finance and Insurance | 1 | - |
| Lawrence & Memorial Hospital | - | - | - |
| Stop & Shop | Supermarket | 615 | Regional |
| Verizon Wireless | Wireless Communications | 8,060 | International |
Property Facts
| Total Space Available | 4,230 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 84,689 SF |
| Parking | 420 Spaces | Total Land Area | 12.22 AC |
| Center Properties | 2 | Year Built | 2006 |
| Total Space Available | 4,230 SF |
| Center Type | Neighborhood Center |
| Parking | 420 Spaces |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 84,689 SF |
| Total Land Area | 12.22 AC |
| Year Built | 2006 |
About the Property
Retail space within a grocery-anchored shopping center in East Lyme with direct frontage along Interstate 95. The property benefits from strong highway visibility and access enhanced by the recently constructed I-95 exit improvements. The center is anchored by Stop & Shop and includes tenants such as Verizon, Yale New Haven Health, and Brown & Brown Insurance. The tenant mix supports consistent traffic and established co-tenancy. The site offers a prominent pylon sign along I-95 and ample on-site parking.
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Stop & Shop Plaza | 248-250 Flanders Rd
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