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    220 Ct-12 Groton, CT 06340

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space Available, I-95 Access

    Lot size:
    196,802 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Groton Square, a dominant retail shopping center in New London County, offers exceptional opportunities for businesses seeking high-traffic locations. This 196,802 square foot center boasts a strong tenant mix, including national brands like Kohl's, Stop & Shop, Panera Bread, Moe's Southwest Grill, Shoe Department, PhysiciansOne, and Verizon. The center is strategically positioned with convenient access to I-95, ensuring high visibility and easy accessibility for customers. Currently, there are 18 suites available, with three spaces immediately available ranging from 880 to 3,433 contiguous square feet. A total of 6,713 square feet is currently vacant, presenting a unique chance to establish or expand your business within a thriving retail environment. The center's proximity to major employers and Connecticut College guarantees a substantial customer base. The property's multiple tenancy structure provides flexibility for various business types, including retail, restaurant, and medical uses. This is an exceptional opportunity to secure a prime retail space in a well-established and highly visible shopping center. The minimum divisible space is 880 square feet, allowing for businesses of various sizes to find a suitable location. The center's strong anchor tenants and diverse tenant mix create a synergistic environment, attracting a wide range of shoppers. Don't miss this chance to become part of Groton Square's successful retail community.

    Property Features for 220 Ct-12

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    196,802 SF

    Unit(s) available at that property

    Space
    Suite 10
    Size
    3,433 SF
    Space
    Suite 3
    Size
    2,400 SF
    Space
    Suite 8a
    Size
    880 SF

    HighLights

    • 196,802 square foot retail center in New London County.
    • Multi‑tenant property with 18 suites.
    • Three spaces available, ranging from 880 to 3,433 square feet.
    • 6,713 square feet of vacant space available.
    • Anchored by Kohl's and Stop & Shop, shadow anchored by Walmart.
    • Strong national tenant lineup including Panera Bread, Moe's Southwest Grill, Shoe Department, PhysiciansOne, and Verizon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -72.06794304
    Latitude
    41.36887212

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available, I-95 Access
    Where is this retail property located?
    The property is located at 220 Ct-12 Groton, CT.
    What are key features of this property?
    This property features: 196,802 square foot retail center in New London County.; Multi-tenant property with 18 suites.; Three spaces available, ranging from 880 to 3,433 square feet.
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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
    220 Ct-12 Groton, CT 06340
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