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New Medical Office Space Available
For Lease
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215 Elm St, Old Saybrook, CT 06475

Medical office suites available in Old Saybrook's newest park.

Space Size1,955 SF - 5,303 SF
Property Size26,087 SF
Days on Market2088

Property Features for 215 Elm St

General Information

Standard status Active
Size 1,955 SF - 5,303 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 26,087 SF
Year Built 2021
Tenancy Multiple

Spaces For Lease

at 215 Elm St Contact us

Building #2 - (#213) - 1st Floor

Size
5,303 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Building #2 - (#213) - 2nd Floor

Size
2,331 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Building #1 - (#215) - 2nd FL

Size
1,955 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: O, R&L Commercial Branford
Listed By: Nick Leone · License #CT 0825866
Source: Crexi
Added: Nov 19, 2020 Changed: Aug 8 Last Checked: Aug 7 at 6:08AM

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 O, R&L Commercial Branford

Investment Insights

Based on property information with market context.

New medical office space is available for lease in Atlas Commons, a two-building medical/office park located at 215 Elm Street in Old Saybrook. Suites range from 2,000 to 10,606 square feet of contiguous space. Hartford Healthcare and Connecticut GI are current tenants. Generous tenant improvement allowances are provided. The property is located directly off I-95 at Exit 67 and is surrounded by shopping, dining, and other area amenities. The lease rate is $24.50 per square foot NNN.

Key Highlights

  • Brand new medical office space available.
  • Suites from 2,000 - 10,606 SF contiguous.
  • Located in Atlas Commons, a new medical/office park.

Property Analytics

Current Use

Connecticut GI Physician

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Locksmith HVAC Service Parking Lot & Garage Pet Store

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

941
Businesses Nearby
Balanced
Demand for This Use

Demographics for 06475, CT

10,481
Population
5,983
Households
1.8
Avg Household Size
55
Median Age
57%
College-Educated
97%
High-School Grad
15.1 sq mi
ZIP Area
694
Density / Sq Mi
$119,500
Median Household Income
$55,081
Median Earnings
$1,823
Median Rent
$479,100
Median Home Value

Market

Lease Benchmarks for Old Saybrook, CT

$13.8 /SF/Yr
Avg Asking Price
$3.21–$20 /SF/Yr
Price Range
4,462 SF
Avg Space Size

This space is priced 78% above the average of $13.8 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suites available in Old Saybrook's newest park.
Where is this medical office space located?
The property is located at 215 Elm St Old Saybrook, CT.
What is the lease rate?
The lease rate is $24.50 SF/Yr.
What are key features of this property?
This property features: Brand new medical office space available.; Suites from 2,000 - 10,606 SF contiguous.; Located in Atlas Commons, a new medical/office park.
(203) 483-2040 Call to check price and availability
More about this property
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