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Flexible Office Suite

404 Thames St, Groton, CT 06340

For Lease
New
$18 SF/Yr

The building provides elevator service, accessible circulation, and on-site parking.

Space SizeContact for details
Property Size920 SF
Days on Market2

Property Features for 404 Thames St

General Information

Standard status Active
Size 920 SF
Class A
Elevators Yes
Property subtype Commercial

Space & Availability

Contiguous Space 920 SF
Divisible Yes
Space Use Office

Additional Details

Highway Access Yes

Amenities

views of the Thames River
high ceilings
natural light
handicap accessible

Building Details

Building Size 920 SF
Year Built 1985
Tenancy Multi
Listing Agency: U.S. Properties Real Estate Services, LLC
Listed By: Constance Howard · License CT RES.0798067
Source: Elliman
Added: Nov 8 Last Checked: Nov 8 at 5:24AM

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

Rey
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Investment Insights

Based on property information with market context.

This 920-square-foot office unit is in a building constructed in 1985. Interior configurations can be adjusted, with subdivision also possible. Building features include elevator and stair access, accessible routes, high ceilings, and abundant natural light. Views of the Thames River are available.

At 404 Thames Street in Groton, the property is less than one mile from I-95. Yale/New Haven Health and Command Technology are among the building’s tenants. On-site parking serves the property.

Key Highlights

  • Approximately 920 square feet; subdivision is possible
  • Less than one mile from I‑95
  • Elevator and stair access with accessible circulation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

L & M Physician ... Physician Dr. Nimesh K. ... Physician Hyppolite Jenny MD Physician Command Technology Inc. (Bike/Boat/Book/etc) Store Brenda Applegate Pediatrician

Suggested Use

Top Pick Electrical Service Bakery Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Groton, CT

$20.8 /SF/Yr
Avg Asking Price
$10–$63.91 /SF/Yr
Price Range
2,229 SF
Avg Space Size

This space is priced 13% below the average of $20.8 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Groton, CT

$26.83 Jul
$26.04 Aug
$25.37 Sep
$24.07 Oct

Properties on Market for Office Units in Groton

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The building provides elevator service, accessible circulation, and on-site parking.
Where is this office unit located?
The property is located at 404 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: Approximately 920 square feet; subdivision is possible; Less than one mile from I‑95; Elevator and stair access with accessible circulation
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