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Versatile Office/Service Space Available
For Lease
$1,000/Mo

943 North Road #B-1, Groton, CT 06340

Cozy, private-access space suitable for office or personal services.

Space SizeContact for details
Property Size700 SF
Lot Size1.72 Acres
Days on Market171

Property Features for 943 North Road #B-1

General Information

Standard status Active
Size 700 SF
Lot size 1.72 Acres
Property subtype Commercial

Amenities

Central air
Asphalt Shingle Roof
Baseboard Heating
Central Air Cooling

Building Details

Year Built 1986
Listing Agency: Compass Connecticut, LLC
Listed By: HEATHER GIANACOPLOS · License #RES.0800582
Source: Corcoran
Added: Feb 18 Changed: Aug 8 Last Checked: Apr 5 at 11:33PM

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 Compass Connecticut, LLC

Investment Insights

Based on property information with market context.

This 700-square-foot space is currently configured for a massage business but is suitable for various personal service or office uses. The layout includes two rooms, an entry/waiting area, and a private bathroom. Please note that the space is not ADA compliant. The property is located approximately one mile from Exit 88 on I-95.

Key Highlights

  • Convenient location: Only one mile from I‑95 (Exit 88).
  • Versatile space: Suitable for personal service or office use.
  • Private bathroom.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Parts Store Electrical Service Storage Facility Big Box & Wholesale Store HVAC Service

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
$2.57 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 06340, CT

29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value

Market

Lease Benchmarks for Groton, CT

$26.83 /SF/Yr
Avg Asking Price
$16–$48.75 /SF/Yr
Price Range
3,138 SF
Avg Space Size

This space is priced 36% below the average of $26.83 /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?
Office units - Cozy, private-access space suitable for office or personal services.
Where is this office units located?
The property is located at 943 North Road #B-1 Groton, CT.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Convenient location: Only one mile from I‑95 (Exit 88).; Versatile space: Suitable for personal service or office use.; Private bathroom.
More about this property
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