Office / Retail Building at busy 'Five Corners' For Lease

Office for Lease
Catylist Listing ID: 30214578
Property Subtypes: Medical, Mixed Use, Office Building
Contiguous Space: 5,000 SF
Building Size (RSF): 20,102 SF
Gross Land Area: 1.21 Acres
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $5,000
Lease Types: NNN
Class of Space: Class B
Usable Size (USF): 20,102 SF
Last Updated: 8/27/2018

Overview / Comments

20,102sf two story Office/Retail space at Groton's busy "5 Corners" intersection. Includes 4 parcels totaling 1.21 acres. Located in City of Groton the zone is GC-General Commercial. Town Water and Sewer. 70+/- parking spaces. 172' road frontage on Mitchell St. and 218' road frontage on Poquonnock Rd. This corner is within walking distance of Electric Boat. First floor is handicap accessible.
For Sale $1,200,000. Also For Lease.

PERMITTED USES: Professional offices, Banks and other Financial institutions, Retail, Computer centers, Restaurant, Repair services such as radio, TV, electrical appliance shops, plumbing and carpenter shops, shoe repair shop, upholstery shop…
BY SPECIAL PERMIT: Drive-in type establishments, Commercial recreation, Parking lots and garages, Clubs/Lodges, Vocational Training Facilities, Public utility buildings and facilities…

DIRECTIONS:
I-95 North Exit 85. Keep right toward Thames St. At light go straight onto North St. It becomes Mitchell St. About ½ on right.

I-95 South Exit 87. Turn right onto Meridian St. Left onto Mitchell St. About ½ on right.

Expand All Available Space

Suite: 100 5,000 SF $12 PSF (Annual) NNN
Level/Floor: 1
Space Available: 5,000 SF
Lease Rate: $12 PSF (Annual)
$5,000 (Monthly)
Lease Type: NNN
Space Description: Two story Office/Retail space at Groton's busy "5 Corners" intersection. Includes 4 parcels totaling 1.21 acres. Located in City of Groton the zone is GC-General Commercial. Town Water and Sewer. 70+/- parking spaces. 172' road frontage on Mitchell St. and 218' road frontage on Poquonnock Rd. This corner is within walking distance of Electric Boat. First floor is handicap accessible.

5,000sf on 1st Floor is For Lease @ $12/sf NNN. Also For Sale.

PERMITTED USES: Professional offices, Banks and other Financial institutions, Retail, Computer centers, Restaurant, Repair services such as radio, TV, electrical appliance shops, plumbing and carpenter shops, shoe repair shop, upholstery shop…

BY SPECIAL PERMIT: Drive-in type establishments, Commercial recreation, Parking lots and garages, Clubs/Lodges, Vocational Training Facilities, Public utility buildings and facilities…

DIRECTIONS:
I-95 North Exit 85. Keep right toward Thames St. At light go straight onto North St. It becomes Mitchell St. About ½ on right.

I-95 South Exit 87. Turn right onto Meridian St. Left onto Mitchell St. About ½ on right.
Space Subcategory: Office Building, Governmental
Date Available: 2/23/2018
Space Type: Relet
Parking Spaces 70

Additional Details

Nearest MSA: Norwich-New London
County: New London
Zoning: GC GENERAL COMMERCIAL
Property Located Between: I-95 and Electric Boat
Property Visibility: Excellent
Highway Access: One mile to I-95
Airports: 1.9 miles to Groton/New London Airport
Site Description: Corner lot at groton's "Five Corners" intersection.
Area Description: Located within walking distance to Electric Boat.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1950
Year Renovated: 1989
Total Parking Spaces: 70
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: General Commercial
Lot Frontage: 218' on Poquonnock Rd and 172' on Mitchell St
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,556 59,080 86,135
Median Age: 32.14 34.38 37.28
Households: 7,748 23,301 33,531

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