Class A Office Space
For Lease
$18 SF/Yr
402 Thames Street, Groton, CT 06340
Class A office space with river views and convenient location.
Space SizeContact for details
Lot Size0.60 Acres
Days on Market628
Property Features for 402 Thames Street
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
Commercial
Amenities
Central air
Asphalt Shingle Roof
Central Air Cooling
Heat Pump Heating
Unassigned Parking
Building Details
Year Built
1985
Listing Agency:
U.S. Properties Real Estate Services, LLC
(860) 437-0101
Listed By:
CONSTANCE HOWARD · License #RES.0798067
Source:
Corcoran
Added: Dec 5, 2024
Changed: Aug 9
Last Checked: Aug 9 at 7:53PM
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 U.S. Properties Real Estate Services, LLC
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 06340, CT
29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value
Market
Lease Benchmarks for Groton, CT
$25.09 /SF/Yr
Avg Asking Price
$10–$63.91 /SF/Yr
Price Range
3,335 SF
Avg Space Size
This space is priced 28% below the average of $25.09 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Class A office space with river views and convenient location.
Where is this office units located?
The property is located at 402 Thames Street 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.
