Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1100 Norwich New London Turnpike unit 8 Montville, CT 06382

    View on Map
    For Lease
    $1,700 /Mo

    COMMERCIAL - Montville, CT

    Property size:
    1,100 SF
    Lot size:
    1.43 Acres
    Added:
    Dec 16, 2025
    Days on Market:
    111
    Last Refresh:
    Apr 6 at 1:06 am

    Property Features for 1100 Norwich New London Turnpike unit 8

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C-2
    Standard status
    Active
    Size
    1,100 SF
    Lot size
    1.43 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1990

    We can help!

    Listing Contact
    Krystal Davis

    Listing agent Krystal Davis

    Listing office RE/MAX One 212 Route 32, Waterford, CT

    Listing date Dec 16, 2025

    MLS# 24144774

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Montville

    This commercial unit, situated in a highly active shopping plaza in Montville, CT, offers visibility and convenient access with ample parking. The space encompasses approximately 1,100 square feet and features an open layout complemented by large front windows, suitable for showcasing a business. It includes designated areas for reception and a waiting room. The unit is located on Route 32, in close proximity to Mohegan Sun. The plaza is home to a variety of establishments, including a diner, hair salon, consignment shop, tanning studio, massage therapy center, and H&R Block, providing a diverse community of businesses. Currently operating as a dog grooming business, this unit benefits from its location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montville
    County
    New London
    State
    Connecticut
    Longitude
    -72.125
    Latitude
    41.4598

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Active Plaza

      Commercial unit in a high-traffic shopping plaza near Mohegan Sun.
      1100 Norwich New London Turnpike unit: 6, Montville, CT 06382
      View Details
    • Contact for pricing

      Turn-Key Medical Office Space

      4,500 sq ft commercial space ready for occupancy.
      627 Route 82 #1, Montville, CT 06370
      View Details
    • $12/mo

      Montville Retail and Office Space

      19,500 SF retail/office space on 5.19 acres for lease.
      430 Chapel Hill Rd, Montville, CT
      View Details
    • Contact for pricing

      Montville Flex Space For Lease

      Flex/industrial space for lease with wide range of permitted uses.
      15 Lakewood Drive, Montville, CT 06370
      View Details
    • $12/mo

      Montville Retail and Office Space

      19,500 SF retail/office space for lease on 5.19 acres.
      430 Chapel Hill Road, Montville, CT 06370
      View Details
    • Contact for pricing

      Montville Retail and Office Space

      19,500 SF retail/office space on 5.19 acres for lease.
      430 Chapel Hill Rd, Montville, CT 06370
      View Details
    • Contact for pricing

      Retail/Office Spaces on Route 32

      Retail and office spaces available in Montville, CT.
      1031 Norwich-New London Turnpike, Montville, CT 06382
      View Details
    • $1.00/mo

      Retail Pad Sites Available

      Retail pad sites for lease near major retailers and casino.
      1874 Norwich New London Turnpike, Montville, CT 06382
      View Details
    • Contact for pricing

      Montville Flex Space For Lease

      Flex space available for lease in central Montville location.
      15 Lakewood Dr, Montville, CT 06370
      View Details
    • Contact for pricing

      Retail/Office Spaces on Route 32

      Retail and office spaces available in Montville, CT.
      1031 Norwich-New London Turnpike, Montville, CT 06382
      View Details

    FAQs

    What type of property is this?
    Retail space - Highly visible retail space in a busy shopping plaza.
    Where is this retail space located?
    The property is located at 1100 Norwich New London Turnpike unit 8 Montville, CT.
    What is the lease rate?
    The lease rate is $1,700 /Mo.
    What are key features of this property?
    This property features: Prime location in a highly active shopping plaza on Route 32.; High visibility and convenient access with ample parking.; Approximately 1,100 square feet with an open layout and large front windows.
    (860) 701-8549
    We can help!
    Listing Contact
    Krystal Davis
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!