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    11 Freedom Way & Liberty Way East Lyme, CT 06357

    Sponsored
    For Lease
    $13 SF/Yr ($10,800 /Mo)

    Modern flex space, I-95 access, 800-4000 sqft.

    Lot size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional opportunity presents itself in the desirable Rocky Neck Business Park, conveniently located off Exit 72 of I-95. The property comprises three single-story buildings totaling 9,600 square feet of Class B flex space, currently entirely vacant and ready for immediate occupancy. The buildings were constructed in 2005 and sit on a generous 3.65-acre lot. Multiple tenancy options are available, with a minimum divisible space of 800 square feet and a maximum contiguous space of 4,000 square feet. Specifically, units of 800, 1600, 3200, and 4000 square feet are currently available. Each unit boasts modern features including an overhead door, a bathroom, and air conditioning, ensuring functionality and comfort. The property is handicap accessible, catering to a diverse range of businesses. Ample parking is provided with 25 spaces available, and there is one drive-in bay for convenient loading and unloading. The property is zoned LI Light Industrial, offering flexibility for various business types. Rental rates are variable, starting at $900 per month, plus utilities. This is an ideal location for businesses seeking efficient, modern, and accessible space in a well-connected business park.

    Property Features for 11 Freedom Way & Liberty Way

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,600 SF
    Class
    B
    Total Rate
    10800

    Building Details

    Year Built
    2005
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    800 - 4,000sf
    Size
    800 SF
    Rate per SF
    $13

    HighLights

    • 9,600 SF flex space available in a multi‑tenant building.
    • Units range from 800 to 4,000 contiguous SF.
    • Entire 9,600 SF building is vacant.
    • 3.65‑acre lot in New London County.
    • Class B building, built in 2005, with three 1‑story buildings.
    • 25 total parking spaces and one drive‑in door.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    East Lyme
    County
    New London
    State
    Connecticut
    Longitude
    -72.24465009
    Latitude
    41.31972144

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    FAQs

    What type of property is this?
    Flex space - Modern flex space, I-95 access, 800-4000 sqft.
    Where is this flex space located?
    The property is located at 11 Freedom Way & Liberty Way East Lyme, CT.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 9,600 SF flex space available in a multi-tenant building.; Units range from 800 to 4,000 contiguous SF.; Entire 9,600 SF building is vacant.
    Request Owner's contact information
    11 Freedom Way & Liberty Way East Lyme, CT 06357
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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

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    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
    11 Freedom Way & Liberty Way East Lyme, CT 06357
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