6 Storrs RdMansfield, CT 06226

This 15,000 square foot, three-story office building located at 6 Storrs Road (Route 195) in Mansfield, Connecticut presents a compelling value-add investment opportunity. The property, built in 1975 and renovated in 2018, features a mix of creative and medical office spaces, currently boasting 96% occupancy across six units. KeyBank, a credit-rated tenant, occupies a significant portion of the building, recently exercising a lease option for a five-year term commencing January 1, 2026, with an additional five-year option including rent increases. The remaining tenants are currently under market rent, offering significant upside potential. The property sits on a 0.5-acre lot and is zoned PB1. With a Class B rating and a Net NNN lease structure, this investment offers a strong foundation for future growth. The building's proximity to East Brook Mall, the Windham town line, and the University of Connecticut and Eastern Connecticut State University provides excellent visibility and access to a robust talent pool. The potential for redevelopment of the upper floor into residential units in a high-demand rental market further enhances the property's long-term value. The asking price is $1,895,000, translating to $123.86 per square foot. The property includes five tenants with a total of 6.1 years remaining on their leases.