Investment Opportunity: Prime Commercial Real Estate at 80 Stonington Rd, Mystic, CT 06355
Overview
We are excited to present a prime commercial real estate investment opportunity at 80 Stonington Rd, Mystic, CT 06355. This property is a well-maintained commercial complex housing ten robust tenants, each secured with strong, long-term triple net leases.
Property Highlights
• Location: 80 Stonington Rd, Mystic, CT 06355
• Tenants: 10 established commercial tenants
• Lease Structure: All tenants have triple net (NNN) leases
• Income Stability: Consistent rental income with tenants covering property taxes, insurance, and maintenance costs
• Investment Security: Strong leases with reliable tenants ensure stable cash flow
Mystic, CT: A Growing International Destination
Mystic, Connecticut, is rapidly gaining recognition as a premier international vacation and tourist destination. Known for its picturesque coastal scenery, rich maritime history, and vibrant cultural scene, Mystic is attracting visitors from around the world.
Key Attractions:
• Mystic Seaport Museum: The nation's leading maritime museum, offering interactive exhibits and historic ships.
• Mystic Aquarium: A renowned facility featuring marine life exhibitions and research programs.
• Olde Mistick Village: A charming shopping and dining area with over 60 unique shops and restaurants.
• Mystic Drawbridge: A scenic and iconic drawbridge over the Mystic River, enhancing the town's quaint charm.
Economic and Tourism Growth:
• Tourist Influx: Mystic's tourism industry is flourishing, with increasing numbers of international and domestic visitors each year.
• Economic Development: The town is experiencing robust economic growth, driven by tourism, retail, and hospitality sectors.
• Strategic Location: Proximity to major cities like New York and Boston makes Mystic an accessible and attractive destination for weekend getaways and extended vacations.
Investment Benefits
Investing in 80 Stonington Rd offers numerous advantages:
• Strong Market: Mystic's growing popularity ensures a steady stream of visitors, bolstering local businesses and enhancing tenant stability.
• Triple Net Leases: Reduced landlord responsibilities as tenants cover most operational expenses.
• Diverse Tenant Mix: A variety of businesses minimizes risk and ensures consistent occupancy.
• Appreciation Potential: Mystic's increasing prominence and economic growth contribute to property value appreciation.
Conclusion
This investment opportunity at 80 Stonington Rd, Mystic, CT, combines the security of strong, long-term triple net leases with the dynamic growth of a burgeoning tourist destination. With Mystic's reputation as an international hotspot on the rise, now is the ideal time to invest in this exceptional commercial property.
For more information and to schedule a viewing, please contact us today. Don't miss out on securing a stake in Mystic's prosperous future.
Add possible development rights for 10 residential units
Investment Opportunity: Prime Commercial Real Estate at 80 Stonington Rd, Mystic, CT 06355
Overview
We are excited to present a prime commercial real estate investment opportunity at 80 Stonington Rd, Mystic, CT 06355. This property is a well-maintained commercial complex housing ten robust tenants, each secured with strong, long-term triple net leases. Additionally, the property comes with potential development rights for 10 residential units, offering significant upside potential.
Property Highlights
• Location: 80 Stonington Rd, Mystic, CT 06355
• Tenants: 10 established commercial tenants
• Lease Structure: All tenants have triple net (NNN) leases
• Income Stability: Consistent rental income with tenants covering property taxes, insurance, and maintenance costs
• Development Potential: Rights for adding 10 residential units
• Investment Security: Strong leases with reliable tenants ensure stable cash flow
Mystic, CT: A Growing International Destination
Mystic, Connecticut, is rapidly gaining recognition as a premier international vacation and tourist destination. Known for its picturesque coastal scenery, rich maritime history, and vibrant cultural scene, Mystic is attracting visitors from around the world.
Key Attractions:
• Mystic Seaport Museum: The nation's leading maritime museum, offering interactive exhibits and historic ships.
• Mystic Aquarium: A renowned facility featuring marine life exhibitions and research programs.
• Olde Mistick Village: A charming shopping and dining area with over 60 unique shops and restaurants.
• Mystic Drawbridge: A scenic and iconic drawbridge over the Mystic River, enhancing the town's quaint charm.
Economic and Tourism Growth:
• Tourist Influx: Mystic's tourism industry is flourishing, with increasing numbers of international and domestic visitors each year.
• Economic Development: The town is experiencing robust economic growth, driven by tourism, retail, and hospitality sectors.
• Strategic Location: Proximity to major cities like New York and Boston makes Mystic an accessible and attractive destination for weekend getaways and extended vacations.
Development Potential
The property at 80 Stonington Rd also includes potential development rights for 10 residential units, providing a unique opportunity for future growth and increased returns:
• Mixed-Use Appeal: Combining commercial and residential spaces can attract a diverse tenant base and increase property value.
• Rising Demand: The demand for residential units in Mystic is on the rise, driven by the town's growing popularity and charm.
• Additional Income Stream: Developing residential units can create a new revenue stream and enhance overall investment returns.
Investment Benefits
Investing in 80 Stonington Rd offers numerous advantages:
• Strong Market: Mystic's growing popularity ensures a steady stream of visitors, bolstering local businesses and enhancing tenant stability.
• Triple Net Leases: Reduced landlord responsibilities as tenants cover most operational expenses.
• Diverse Tenant Mix: A variety of businesses minimizes risk and ensures consistent occupancy.
• Appreciation Potential: Mystic's increasing prominence and economic growth contribute to property value appreciation.
• Development Upside: The potential to develop 10 residential units adds significant future value.
Conclusion
This investment opportunity at 80 Stonington Rd, Mystic, CT, combines the security of strong, long-term triple net leases with the dynamic growth of a burgeoning tourist destination and the added potential of residential development. With Mystic's reputation as an international hotspot on the rise, now is the ideal time to invest in this exceptional commercial property.
For more information and to schedule a viewing, please contact us today. Don't miss out on securing a stake in Mystic's prosperous future.