Commercial Rental Market Overview

Commercial Rental Market Overview

Mystic offers a diverse range of commercial properties for businesses looking to establish or expand their presence. Currently, the local market features:

  • Total Available Commercial Properties: Approximately 22 listings in the Mystic area [1]
  • Average Commercial Property Size: 2,748 square feet [1]
  • Property Types Available:
  • Office spaces
  • Retail locations
  • Industrial spaces
  • Warehouses
  • Coworking spaces

Potential Listing Highlights

Example Commercial Property

  • Location: Downtown Mystic
  • Size: Approximately 750-10,065 square feet [3] [7]
  • Price Range: Estimated $2,000 – $8,400,000 per property
  • Property Types:
  • Historic buildings
  • Waterfront commercial spaces
  • Renovated commercial properties

Tenant Screening Process

To prepare for future listings, Greater Mystic Rentals can outline the typical commercial tenant screening process [6]:

  • Business name and address verification
  • Operational history assessment
  • Financial background check
  • References and credit evaluation

Note: As a subsidiary of Bridget Morrissey Realty, LLC, Greater Mystic Rentals can leverage the parent company’s local expertise and Chamber of Commerce connections [5] to develop a robust commercial rental platform.

Citations:
[1] https://www.loopnet.com/search/commercial-real-estate/mystic-ct/for-lease/
[2] https://www.boloforms.com/signature/contracts/real-estate/commercial-lease-application/texas/
[3] https://marketrealtyllc.com/mystic/
[4] https://stratafolio.com/essential-elements-of-a-commercial-lease/
[5] https://business.mysticchamber.org/member-directory/Details/bridget-morrissey-realty-llc-2108665
[6] https://www.legalzoom.com/articles/understanding-commercial-rental-applications
[7] https://marketrealtyllc.com/mystic/?r=85-96
[8] https://www.wpcarey.com/blog/commercial-lease-types-explained
[9] https://www.loopnet.com/search/retail-space/ct/for-lease/

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