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Retail Space in High Traffic
For Lease
$1,200/Mo

112 North St, Groton, CT 06340

Retail space in high-traffic area, suitable for various businesses.

Space SizeContact for details
Days on Market145

Property Features for 112 North St

General Information

Standard status Active

Building Details

Year Built 1955
Listing Agency: RE/MAX Legends
Listed By: Tim O'loughlin
Source: Homesbyshoshana
Added: Apr 22 Changed: Sep 8 Last Checked: Sep 12 at 12:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Legends

Investment Insights

Based on property information with market context.

This retail space is located in a high-traffic area and street within a four-business retail strip. The property is approximately 600 square feet. Previously leased by a seamstress, the space is situated alongside a package store, a Mexican restaurant, and a tailor. The location has a walk score of 54, indicating it is somewhat walkable, and a bike score of 27, suggesting it is somewhat bikeable.

Key Highlights

  • High traffic retail location
  • Part of a 4‑business retail strip
  • Approximately 600 square feet of retail space

Property Analytics

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Current Use

K&J Upholstery LLC Furniture & Home Goods

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Locksmith Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 89% Hotels & Casinos 11%
Mobil Shops & Services
8,279 visits/mo 0.1 miles
Meineke Car Care Center Shops & Services
1,205 visits/mo 0.2 miles
Rodeway Inn Hotels & Casinos
735 visits/mo 0.3 miles
Safe N Sound Storage and UHaul Shops & Services
608 visits/mo 0.4 miles
Motel 6 Groton CT Hotels & Casinos
471 visits/mo 0.3 miles

Demographics for 06340, CT

29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Groton, CT

$16.06 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
1,722 SF
Avg Space Size

This space is priced 49% above the average of $16.06 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in high-traffic area, suitable for various businesses.
Where is this retail space located?
The property is located at 112 North St Groton, CT.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: High traffic retail location; Part of a 4‑business retail strip; Approximately 600 square feet of retail space
More about this property
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