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Route 32 Retail/Office Space
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1548 W Main St Lower Level, Windham, CT 06226

Centrally located retail/office space near major retailers and universities.

Space Size14,027 SF
Days on Market1716

Property Features for 1548 W Main St Lower Level

General Information

Standard status Active
Size 14,027 SF
Total Parking Spaces 30
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 14,027 SF
Year Built 1978
Tenancy Single

Spaces For Lease

at 1548 W Main St Lower Level Contact us

Space 1

Size
14,027 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lyman Real Estate Brokerage & Development
Listed By: Ron Lyman · License #CT REB.0417795
Source: Crexi
Added: Dec 7, 2021 Changed: Aug 15 Last Checked: Aug 18 at 2:13PM

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 Lyman Real Estate Brokerage & Development

Investment Insights

Based on property information with market context.

This centrally located retail/office space is situated on Route 32 (W. Main Street), across from the DMV, and minutes from the Route 6 highway entrance. The property is positioned among numerous major retailers, grocery stores, and offices, with proximity to Eastern Connecticut State University and UCONN. Current tenants include Fine Fettle, Good Times Coffee Shop, Nail Vanity, Planned Parenthood, and a Hair Salon. Only 1,500 square feet of office space remains available, with an entrance located at the back of the building. The space includes handicapped bathrooms. The lease rate for this space is $14 per square foot, plus NNN, with CAM at $2.75 per square foot and taxes at $1.98 per square foot.

Key Highlights

  • Prime central location on Route 32 (W. Main Street) across from the DMV.
  • Minutes from Route 6 highway entrance.
  • Located among major retailers, grocery stores, and offices.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Plumbing Service Real Estate Agency Kitchen & Bath Showroom Acupuncture Spa & Massage Center

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
$2.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 06226, CT

19,233
Population
7,622
Households
2.5
Avg Household Size
29
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
2,671
Density / Sq Mi
$44,103
Median Household Income
$26,504
Median Earnings
$1,084
Median Rent
$181,100
Median Home Value

Market

Lease Benchmarks for Windham, CT

$21.5 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
4,245 SF
Avg Space Size

This space is priced 35% below the average of $21.5 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - Centrally located retail/office space near major retailers and universities.
Where is this retail space located?
The property is located at 1548 W Main St Lower Level Windham, CT.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime central location on Route 32 (W. Main Street) across from the DMV.; Minutes from Route 6 highway entrance.; Located among major retailers, grocery stores, and offices.
(860) 887-5000 Call to check price and availability
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