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    107 Salem Tpke Norwich, CT 06360

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    For Lease
    $14 SF/Yr

    Retail and office spaces for lease in high-traffic Norwich plaza.

    Lot size:
    18.66 Acres

    Property Features for 107 Salem Tpke

    General Information

    Lot size
    18.66 Acres

    Building Details

    Year built
    1966

    Source: Pequot Commercial Real Estate Agent John Jensen

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

    Overview

    Retail and Office Space Available

    Located just off I-395 at Exit 11 and Salem Turnpike (Rte. 82), Great Plains Plaza is a busy plaza with ample parking. It offers in-line retail and office spaces. The North Plaza has spaces of 2,850 square feet or 3,200 square feet available at $10.00 per square foot NNN. The South Plaza has spaces of 3,150 square feet or 14,500 square feet available at $14.00 per square foot NNN. The property is located in Norwich, CT 06360.
    Insight Report Location Intelligence

    Current Use by Public Records

    Create-A-Cut Hair Removal Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    New London
    State
    Connecticut
    Longitude
    -72.122965
    Latitude
    41.507701

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    FAQs

    What type of property is this?
    Strip mall - Retail and office spaces for lease in high-traffic Norwich plaza.
    Where is this strip mall located?
    The property is located at 107 Salem Tpke Norwich, CT.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Southeastern Connecticut, easily accessible from I-395 (Exit 11) and Route 82.; - High-traffic, busy plaza ensuring excellent visibility and customer flow.; - Ample parking available for customers and employees.
    (860) 460-0255
    Request Owner's contact information
    107 Salem Tpke Norwich, CT 06360
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    Norwich, CT 06360
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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
    107 Salem Tpke Norwich, CT 06360
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