Description

JLL Capital Markets (“JLL”) has been exclusively engaged to market for sale Stop & Shop Plaza (the "Property"), an 80,904 SF grocery-anchored shopping center in East Lyme, Connecticut. The Property is anchored by a strong performing Stop & Shop that has been at the property for over 20 years. The tenant roster is further strengthened by Brown & Brown Insurance, one of the ten largest insurance brokers globally, and national tenants such as Verizon. With 10,125 square feet of new leasing activity in the past 12 months and current occupancy at 97%, the Property demonstrates sustained tenant demand and delivers stable, long-term income in one of coastal Connecticut's most affluent markets.

The Property is situated directly off of Exit 74 along I-95, which sees 60,000+ VPD. Stop & Shop Plaza benefits from exceptional demographics, with a 5-mile average household income of $133,899 and a population exceeding 39,000. This rare combination of investment-grade credit tenancy (86% of income), dominant grocer performance and strategic highway access, positions the asset as an institutional-quality acquisition with durable cash flows and limited execution risk.

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