For Lease
$39/SF/YR

397 Ct-2 Preston, CT 06365

1200 SF Retail, Drive-Thru Option

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 1200-square-foot retail space, ideal for quick-service restaurants (QSRs), presents a lucrative opportunity in a high-traffic location. Situated within a larger 5,000+ square-foot gas station and convenience store complex, this single-tenant space boasts excellent visibility and accessibility, benefiting from an approximate daily traffic count of 12,400 vehicles. Its proximity to Foxwoods Resort and Casino (just 2 miles away) ensures a steady stream of potential customers. The space offers the optional addition of a drive-thru, enhancing operational efficiency and customer convenience. The initial lease term is five years, commencing at a monthly rent of $3,900 for the first year, subject to a 3% annual increase. Utilities are the tenant's responsibility, simplified by individual meters and a dedicated air conditioning unit. Tenants are responsible for build-out costs and any necessary customizations. This space is part of a larger complex with three additional available spaces, offering potential for expansion. Smaller spaces are also available at reduced rental rates. Located in New London County, this property represents a compelling investment for food and beverage businesses seeking a high-visibility location with strong foot and vehicle traffic.

Highlights

  • 1,200 SF retail space, suitable for QSRs, in New London County.
  • Located within a 5,000+ SF gas station/convenience store with optional drive-thru.
  • High visibility, near Foxwoods Resort Casino (approx. 12,400 daily traffic count).
  • 5-year lease, $3,900/month (year 1), 3% annual increase.
  • Separate utilities, dedicated AC unit; tenant responsible for build-out.

Property Details for 397 Ct-2

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
1,200 SF

Unit(s) available at that property

Space
Size
1,200 SF
Rate per SF
$39

Location Insight

City
Preston
County
New London
State
Connecticut
Latitude
41.4880511
Longitude
-71.9921132

Nearby Comparable

  • For Lease Call for price

    Mashantucket Retail Space For Lease

    Prime location, ±2,354 SF, former restaurant.

    101 Trolley Line Blvd
    MASHANTUCKET, CT
    View Details
  • For Lease
    $39/SF/YR

    Ledyard, CT Restaurant Space

    1200 SF Retail Space, Drive-Thru Optional

    1949 Center Groton Rd
    Ledyard, CT
    View Details
  • For Lease
    $15/SF/YR

    Downtown Norwich Restaurant Space

    Historic Bar & Restaurant, 4,475 SF

    76-78 Franklin St
    Norwich, CT
    View Details
  • For Lease
    $14/SF/YR

    Downtown Norwich Creative Office Space

    2,610sf renovated office, prime location.

    11 Bath St
    Norwich, CT
    View Details
  • For Lease
    $1.25/SF/YR

    Preston Office Space: 2400 sq ft

    Historic 3rd floor office suite, 2400 sq ft, immediate occupancy.

    97-105 Main St
    Preston, CT
    View Details
  • For Lease
    $2/SF/YR

    Downtown Norwich Office Building

    34,440 SF Office Space Available

    101 Water St
    Norwich, CT
    View Details

Nearby Similar for Lease

  • For Lease
    $1.25/SF/YR

    Preston Office Space: 2400 sq ft

    Historic 3rd floor office suite, 2400 sq ft, immediate occupancy.

    97-105 Main St
    Preston, CT
    View Details

FAQs

What type of property is this?
Retail property - 1200 SF Retail, Drive-Thru Option
Where is the retail property located?
The property is located at 397 Ct-2 Preston, CT.
What is the lease rate?
The lease rate is $39/SF/YR.
What are key features of this property?
This property features: 1,200 SF retail space, suitable for QSRs, in New London County.; Located within a 5,000+ SF gas station/convenience store with optional drive-thru.; High visibility, near Foxwoods Resort Casino (approx. 12,400 daily traffic count).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Islam Ahmad
Islam Ahmad
Visit Broker Website

Learn more

Useful Information

Request information

Ct-2
Preston, CT 06365

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Ct-2
Preston, CT 06365

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

397 Ct-2
  • Islam Ahmad
    Islam Ahmad
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.