Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Chipotle, Five Guys, Aspen Dental 96 Storrs rd 8,502 SF 100% Leased Retail Building Mansfield, CT 06250 $5,842,321 ($687.17/SF) 6.25% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Newer Construction - Long Term Leases
  • Minimal Landlord Responsibilities
  • Strategic Retail Location
  • Attractive Rent Increases
  • Dynamic Tenant Roster
  • Proximity to UCONN

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in the three-tenant plaza located at 96 Storrs Road in Mansfield, Connecticut (the “Property”). The newer constructed, three-tenant plaza is improved with Aspen Dental, Five Guys, and Chipotle and contains 8,502 square feet. Aspen Dental has 8+ years left on its lease with three (3), 5-year renewal options, Five Guys has 13+ years remaining on its lease with two (2), 5-year renewal options, and Chipotle has 8+ years remaining on its lease with four (4), 5-year renewal options. All three leases call for attractive 10% rent increases every five years throughout the primary lease terms and at the start of each of the renewal option periods. The Plaza is strategically positioned along Main Street, offering strong visibility, frontage, and access at a signalized intersection adjacent to East Brook Mall. Located approximately 1.5 miles north of Downtown Willimantic and Eastern Connecticut State University, the Property benefits from proximity to key demand drivers. The site provides direct access to major regional roadways, including U.S. Route 6 and CT Routes 14, 31, 32, 66, and 203, allowing for efficient connectivity to Hartford, Providence, and the broader eastern Connecticut market. Surrounded by a concentration of national and local retailers and restaurants, and supported by nearby residential neighborhoods, multifamily housing, and area schools, the Property is well positioned to capture consistent traffic and a built-in customer base. Mansfield is located in Tolland County, approximately 28 miles east of Hartford and 29 miles north of New London.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,502 SF
Year Built
2024
Price
$5,842,321
Price Per SF
$687.17
Cap Rate
6.25%
NOI
$365,145
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Aspen Dental
  • -
  • -
  • -
  • Sep 2034
  • Chipotle
  • -
  • -
  • -
  • Oct 2034
  • Five Guys
  • -
  • -
  • -
  • Nov 2039
Tenant Industry SF Occupied Rent/SF Lease End
Aspen Dental - - - Sep 2034
Chipotle - - - Oct 2034
Five Guys - - - Nov 2039

Nearby Major Retailers

Applebee's
Five Guys
Big Y
KeyBank
  • Listing ID: 39334724

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 96 Storrs rd, Mansfield, CT 06250

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}