Axiom Capital Corp. has arranged $17,300,000 in permanent financing for the refinance of a Stop & Shop supermarket in Glastonbury, CT. The subject is strategically located less than half a mile from the entrance/exit of CT-2 and benefits from quick access to the surrounding area.
The Property consists of a 62,900 square foot building with approximately 280 surface parking spaces on 9.98 acres. The Property is located on the northside of the intersection between Oak Street and New London Turnpike – adjacent to an entrance to Connecticut Route 17. Oak Street is a north/south residential, industrial and light commercial street that is improved with one lane of traffic in each direction.