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    70 Bridge St Groton, CT 06340

    For Lease
    $12 SF/Yr ($5,363 /Mo)

    Prime Groton location, 5,363 SF office/lab.

    Lot size:
    5,363 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,363-square-foot executive office space is ideally situated in Groton, Connecticut, offering unparalleled convenience with its close proximity to I-95 and Electric Boat. The building, constructed in 2004, boasts a two-story design encompassing approximately 4,000 square feet of adaptable office space. This area features a flexible open floor plan, complemented by several glass-enclosed cubicles, and a welcoming lobby/reception area. A significant advantage is the inclusion of 1,363 square feet of dedicated lab space, fully equipped with a fume hood, drop ceiling, lab benches, and a full lab sink. The property sits on a 0.8-acre lot, providing ample on-site parking for tenants and visitors. The building is equipped with a robust security system and benefits from 400-amp, 3-phase power, ensuring reliable operation for various business needs. The entire 5,363 square feet is currently vacant and available for lease, offering a unique opportunity for a single tenant or the possibility of subdivision to accommodate multiple occupants. This property presents a rare combination of office and lab space in a highly desirable location.

    Property Features for 70 Bridge St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,363 SF
    Total Rate
    5363

    Building Details

    Year Built
    2004
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 1
    Size
    34,848 SF
    Rate per SF
    $12

    HighLights

    • 5,363 SF executive office building in Groton, CT, available for lease.
    • Entire 5,363 SF building is vacant.
    • Located on a 0.8‑acre lot, offering ample parking.
    • Two‑story building constructed in 2004.
    • Prime location near I‑95 and Electric Boat.
    • Features approximately 4,000 SF of open office space with some private offices, a reception area, and 1,363 SF of lab space with a fume hood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kmk Construction General Contractor Kevin Davis Insurance ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0821374
    Latitude
    41.3632157

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Groton location, 5,363 SF office/lab.
    Where is this office property / space located?
    The property is located at 70 Bridge St Groton, CT.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 5,363 SF executive office building in Groton, CT, available for lease.; Entire 5,363 SF building is vacant.; Located on a 0.8-acre lot, offering ample parking.
    Request Owner's contact information
    70 Bridge St Groton, CT 06340
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    Groton, CT 06340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70 Bridge St Groton, CT 06340
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