Commercial Land Lease
For Lease
$38,000 NNN
37 South Broad Street, Stonington, CT 06379
Land lease and build to suit opportunity available.
Space SizeContact for details
Lot Size0.80 Acres
Days on Market679
Property Features for 37 South Broad Street
General Information
Standard status
Active
Lot size
0.80 Acres
Property subtype
Commercial
Listing Agency:
Signature Properties of N.E.
(860) 447-8839
Listed By:
NORMAN PECK · License #RES.0528743
Source:
Corcoran
Added: Oct 23, 2024
Changed: Aug 31
Last Checked: Aug 31 at 5:49PM
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 Signature Properties of N.E.
Investment Insights
Based on property information with market context.
This property offers a land lease at $38,000 per year, NNN, and a build-to-suit option on an approximately 0.80-acre site. It is located next to the Pawcatuck Shopping Center, which houses Walgreens and Renegade Gym. The site benefits from a traffic count of over 9,800 vehicles daily on average. The owner also owns the adjacent shopping plaza, allowing for potential shared access and parking with any proposed development. An existing house, currently rented on a month-to-month basis, is situated on the east side of the property. Zoning regulations are detailed in the attached brochure.
Key Highlights
- Build to Suit option available.
- Located next to Pawcatuck Shopping Center (Walgreens, Renegade Gym).
- High traffic count: 9,800+ daily average.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 06379, CT
8,813
Population
4,216
Households
2.1
Avg Household Size
46
Median Age
41%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
722
Density / Sq Mi
$87,352
Median Household Income
$53,617
Median Earnings
$1,183
Median Rent
$364,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land lease and build to suit opportunity available.
Where is this commercial land located?
The property is located at 37 South Broad Street Stonington, CT.
What is the lease rate?
The lease rate is $38,000.
What are key features of this property?
This property features: Build to Suit option available.; Located next to Pawcatuck Shopping Center (Walgreens, Renegade Gym).; High traffic count: 9,800+ daily average.
