430 Chapel Hill Road, Montville, CT 06370

Building Details

Year Built 2016 More

Listing Agency: U.S. Properties Real Estate Services, LLC Show Phone

Listed By: CONSTANCE HOWARD · License #RES.0798067 Show Phone

Source: Corcoran

Added: Jun 14, 2024 Changed: Nov 6 Last Checked: Nov 6 at 8:15AM

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Investment Insights

Based on property information with market context.

This property offers 19,500 square feet of retail and office space available for lease. The free-standing building is well-maintained and situated on 5.19 acres. The interior features 14-foot high ceilings, a small kitchen, an office, and a wide-open layout floor plan. There are two loading docks, one located at the rear and one on the side of the building. The property is suitable for various uses. The lease rate is $12.00 per square foot NNN, with NNN expenses approximately $2.75 per square foot.

Key Highlights

• 19,500 SF of prime retail and office space
• Free standing building on 5.19 acres
• High ceilings (14')

Property Analytics

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

Open Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Restaurant 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

Location Intelligence

Trade Area within ½ mile

24

Businesses Nearby

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

Average Price Trend$/SF/Yr for Retail properties & Spaces in New London County, CT

$19.9 Jul

$17.85 Aug

$20.21 Sep

$19.52 Oct

Properties on Market for Retail properties & Spaces in New London County

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

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Montville Flex Space For Lease

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Frequently Asked Questions

What type of property is this?

Retail property - 19,500 SF retail/office space for lease on 5.19 acres.

Where is this retail property located?

The property is located at 430 Chapel Hill Road Montville, CT.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: 19,500 SF of prime retail and office space; Free standing building on 5.19 acres; High ceilings (14')