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    402 Thames St Groton, CT 06340

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    For Lease
    $18 SF/Yr ($11,100 /Mo)

    Class A office space with river views and convenient location.

    Property size:
    7,400 SF
    Lot size:
    0.60 Acres

    Property Features for 402 Thames St

    General Information

    Standard status
    Active
    Size
    7,400 SF
    Lot size
    0.60 Acres

    Building Details

    Year built
    1985

    Source: US Properties Agent SUSAN HOWARD CIHOCKI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space Available

    This well-maintained building offers Class A office space with views of the Thames River. The property is located less than a mile from I-95. The first floor offers approximately 3,000 SF with a front area that includes a large conference room, two offices, and a bathroom with a shower. The back area features a large office, a break room, and storage rooms. The third floor provides 4,394 SF with a large conference room, three offices, a kitchenette, two bathrooms (one with a shower), a storage room, and an IT or storage room. The building is accessible via elevator and stairs, and is handicap accessible. Onsite parking is available. The property features high ceilings and natural light. Other tenants include Yale/New Haven Health and Command Technology. Many configurations are available, with the potential to subdivide.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0822978
    Latitude
    41.35173

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    FAQs

    What type of property is this?
    Office space - Class A office space with river views and convenient location.
    Where is this office space located?
    The property is located at 402 Thames St Groton, CT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Class A office space offering flexible configurations and subdivision potential.; - Prime location with easy I-95 access and beautiful Thames River views.; - Ample on-site parking and handicap accessibility via elevator and stairs.
    (860) 437-0101
    Request Owner's contact information
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    Groton, CT 06340
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    Realmo Value Estimation

    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.

    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.

    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
    402 Thames St Groton, CT 06340
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