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- LoopNet Team
80 Stonington Rd
Mystic, CT 06355
Mystic Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Immediate Cash Flow | Minimal Landlord Responsibilities | Triple-Net Leases in Place
- Within Minutes of Several Substantial Employers and Higher Education Institutions
- High Average Household Income of $130,791 within Three Miles
- Excellent Visibility on a High Traffic Corridor at Signalized Intersection
- Well-Balanced Mix of Established Regional and Local Tenants
- Single Owner | Original Developer
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Air Conditioning
- Balcony
ABOUT 80 STONINGTON RD , MYSTIC, CT 06355
Marcus & Millichap is pleased to present Mystic Plaza located at 80 Stonington Road in Mystic (New London County) Connecticut. The building is 20,969 square feet and sits on 3.26 acres of land. With an occupancy of 95 percent, the property benefits from a healthy mix of well-established tenants. Currently, the center has nine tenants: Porch & Patio, Spectrum Physical Therapy, The Nest, Pier Cleaners, Yoga Shala, Board & Brush, Giabonni’s Riverside Salon and Spa, Coldwell Banker, and one vacancy. Porch & Patio and Spectrum Physical Therapy have been in the center since it first opened for business in 2006. This highly visible site has excellent frontage along Connecticut's Route 1, a major thoroughfare with a density of businesses, hotels, and residential homes. The property is located just minutes from the renowned Mystic Aquarium, Mystic Seaport, and Mystic’s destination downtown boasting a plethora of shops, restaurants, art, and seasonal events.
PROPERTY TAXES
| Parcel Number | STON-000153-000003-000001 | Improvements Assessment | $1,642,400 |
| Land Assessment | $846,800 | Total Assessment | $2,489,200 |
PROPERTY TAXES
