Stop & Shop Plaza_Pand te koop
Stop & Shop Plaza_Pand te koop
248 Flanders Rd, Niantic, CT, 06357-1264, US

Stop & Shop Plaza

Beschrijving

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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Kenmerken

Bruto gebouwoppervlakte
7.516 vierkante meter
Bezettingspercentage
97%
Netto landoppervlakte
4 ha
WALT
3.4 jaren
Tenure
19.9 Years

Media

Investeringskenmerken

  1. Dominant Stop & Shop anchored center in affluent East Lyme, CT


  1. Durable in-place cash flow, 86% of income from credit tenants, with additional upside through leasing the existing vacancy


  1. Stop & Shop has a 22 year operating history with 11 renewal options and an Ahold corporate guaranty


  1. Robust leasing with over 10,100 SF of activity within the last 12 months


  1. Well established location in the midst of a densely populated and affluent trade area - average household incomes of nearly $134,000 within 5 miles


  1. Excellent access and visibility from Flanders Road (Rt 161) and directly off I-95 from exit 74 greatly expanding the center's trade area
Stop & Shop Plaza 4_Pand te koop
Stop & Shop Plaza 4_Pand te koop

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Laatst bijgewerkt
Jun 1, 2026