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Retail Space in Groton
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721 Long Hill Rd, Groton, CT 06340

Retail space available in Groton with high traffic volume.

Space Size1,135 SF - 2,040 SF
Property Size14,355 SF
Days on Market628

Property Features for 721 Long Hill Rd

General Information

Standard status Active
Size 1,135 SF - 2,040 SF
Class A
Total Parking Spaces 52
Property subtype Retail
Lease Type Net

Building Details

Building Size 14,355 SF
Year Built 1978
Tenancy Multiple

Spaces For Lease

at 721 Long Hill Rd Contact us

Tenant C

Size
2,040 SF
Type
Retail
Availability
Active
Contact us

Tenant D

Size
1,135 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Terramax Inc.
Listed By: Jon Hendel · License #31HE0804758
Source: Crexi
Added: Dec 6, 2024 Changed: Aug 14 Last Checked: Aug 25 at 9:46PM

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 Terramax Inc.

Investment Insights

Based on property information with market context.

The property at 721 Long Hill Rd is anchored by O’Reilly Auto Parts. The site benefits from direct light access facing Drozdyk Dr. Located in Groton, the property experiences a high traffic volume of 20,000 cars daily.

Key Highlights

  • Anchored by O’Reilly Auto Parts
  • Great location in Groton
  • High traffic count: 20,000 cars daily

Property Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Dental Office

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
300k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 28% Groceries 21% Apparel 15%
Big Y World Class Market Groceries
39,448 visits/mo 0.3 miles
T.J. Maxx Apparel
28,954 visits/mo 0.2 miles
McDonald's Dining
27,383 visits/mo 0.4 miles
Aldi Groceries
22,832 visits/mo 0.2 miles
Wendy's Dining
19,062 visits/mo 0.1 miles

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

$16.06 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
1,722 SF
Avg Space Size

This space is priced 7% below the average of $16.06 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Groton with high traffic volume.
Where is this retail space located?
The property is located at 721 Long Hill Rd Groton, CT.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Anchored by O’Reilly Auto Parts; Great location in Groton; High traffic count: 20,000 cars daily
More about this property
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