Building Details

Year Built 2003

Listing Agency: Signature Properties of N.E. n***@pequotcommercial.com Show Phone

Listed By: NORMAN PECK · License #RES.0528743

Source: Corcoran

Added: Oct 9, 2024 Changed: Aug 27 Last Checked: Aug 28 at 1:22PM

Report an Issue

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 flex space, suitable for industrial and warehouse uses, offers units starting at 800 square feet, with up to 2,400 square feet available for lease. The monthly lease rate begins at $950, plus utilities. The property benefits from a central location and features 100 amps of 3-phase power, propane heat, and air conditioning. The units have 12-foot ceilings and one overhead door. Zoning allows for a variety of industrial, office, and institutional uses, including day care, warehouse operations, indoor recreation, auto and equipment sales, and lumber yards. The property is located approximately 2.5 miles from I-395.

Key Highlights

• Flexible zoning permits a wide range of uses.
• Centrally located only 2.5 miles from I‑395.
• Available space ranges from 800sf to 2,400sf.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Electrical Service Storage Facility Kitchen & Bath Showroom

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

$0.36 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

24

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 06370, CT

7,138

Population

2,799

Households

2.6

Avg Household Size

43

Median Age

32%

College-Educated

94%

High-School Grad

24.0 sq mi

ZIP Area

297

Density / Sq Mi

$100,891

Median Household Income

$49,627

Median Earnings

$964

Median Rent

$304,500

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Retail Space With Open Layout

1100 Route 32, Montville, CT 06382

$1,700/Mo

1,100 sqft

View details

Montville Retail and Office Space

430 Chapel Hill Road, Montville, CT 06370

$12 SF/Yr

19,500 sqft

View details

Retail Pad Sites Available

1874 Norwich New London Turnpike, Montville, CT 06382

Contact for pricing

1,530 sqft

View details

Retail/Office Spaces on Route 32

1031 Norwich-New London Turnpike, Montville, CT 06382

Contact for pricing

2,400 sqft

View details

Montville Flex Space For Lease

15 Lakewood Dr, Montville, CT 06370

Contact for pricing

2,400 sqft

View details

Retail/Office Spaces on Route 32

1031 Norwich-New London Turnpike, Montville, CT 06382

Contact for pricing

2,400 sqft

View details

Frequently Asked Questions

What type of property is this?

Flex space - Flex/industrial space for lease with wide range of permitted uses.

Where is this flex space located?

The property is located at 15 Lakewood Drive Montville, CT.

What is the lease rate?

The lease rate is $950/Mo.

What are key features of this property?

This property features: Flexible zoning permits a wide range of uses.; Centrally located only 2.5 miles from I‑395.; Available space ranges from 800sf to 2,400sf.