Building Details

Year Built 1979

Listing Agency: Seaport Real Estate Services a***@seaportre.com Show Phone

Listed By: ANDREW O'REILLY · License #RES.0818563

Source: Corcoran

Added: Mar 5, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:44AM

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Investment Insights

Based on property information with market context.

Located on Providence New London Turnpike, this commercial space offers leasing options from 1,800 to 22,000 square feet. The property is situated in one of southeastern Connecticut's fastest-growing commercial corridors, minutes from I-95, Foxwoods Casino, Westerly, and Mystic. It is suitable for medical offices, professional services, and corporate headquarters. The property features subdividable spaces with negotiable buildouts. The building is ADA-accessible and located on Route 2, benefiting from high traffic counts. The property is part of a 27-acre office park zoned for office and light manufacturing. This location offers a professional, business-friendly environment with accessibility and exposure.

Key Highlights

• High‑exposure location on Route 2 with high traffic counts, providing outstanding visibility.
• Versatile commercial space with leasing options from 1,800 SF to 22,000 SF, suitable for various business types.
• Located in a rapidly expanding commercial corridor, minutes from I‑95, Foxwoods Casino, Westerly, and Mystic.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Building Supply Plumbing Service Dental Office Pharmacy Pet Grooming Service Skin Care Clinic

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

$1.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

62

Businesses Nearby

Explore this area Business Placement

Demographics for 06359, CT

5,149

Population

2,272

Households

2.3

Avg Household Size

47

Median Age

41%

College-Educated

96%

High-School Grad

54.2 sq mi

ZIP Area

95

Density / Sq Mi

$115,069

Median Household Income

$52,153

Median Earnings

$1,224

Median Rent

$374,800

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Versatile commercial space in a rapidly expanding Southeastern Connecticut corridor.

Where is this office units located?

The property is located at 183 Providence New London Turnpike North Stonington, CT.

What is the lease rate?

The lease rate is $8 SF/Yr.

What are key features of this property?

This property features: High‑exposure location on Route 2 with high traffic counts, providing outstanding visibility.; Versatile commercial space with leasing options from 1,800 SF to 22,000 SF, suitable for various business types.; Located in a rapidly expanding commercial corridor, minutes from I‑95, Foxwoods Casino, Westerly, and Mystic.