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Retail/Office Spaces on Route 32
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1031 Norwich-New London Turnpike, Montville, CT 06382

Retail and office spaces available in Montville, CT.

Space Size800 SF - 1,600 SF
Property Size10,400 SF
Days on Market2783

Property Features for 1031 Norwich-New London Turnpike

General Information

Standard status Active
Size 800 SF - 1,600 SF
Class B
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 10,400 SF
Tenancy Multiple

Spaces For Lease

at 1031 Norwich-New London Turnpike Contact us

#A 800sf

Size
800 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

#B 1,600sf

Size
1,600 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Signature Properties of New England
Listed By: Norm Peck · License #RES.0528743
Source: Crexi
Added: Jan 7, 2019 Changed: Aug 8 Last Checked: Aug 20 at 12:29AM

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 Signature Properties of New England

Investment Insights

Based on property information with market context.

Retail and office spaces ranging from 800 square feet to 2,400 square feet are available for rent in a retail plaza located on Route 32. The property is situated in a C-1 Commercial zone and benefits from high visibility, with an average daily traffic count of 11,000 vehicles. Available spaces include an 800-square-foot unit offered at $950 per month plus utilities, and a 1,600-square-foot unit at $1,900 per month plus utilities. The rental rate for the 2,400-square-foot space is to be determined. Permitted uses for the property include retail, service, office, restaurant, and daycare.

Key Highlights

  • High visibility on Route 32 with 11,000 daily average traffic count
  • Flexible space options: 800sf, 1,600sf, and 2,400sf available
  • C‑1 commercial zoning allows for retail, service, office, restaurant, and daycare uses

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$2.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 06382, CT

11,060
Population
3,987
Households
2.8
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
17.6 sq mi
ZIP Area
628
Density / Sq Mi
$85,021
Median Household Income
$41,490
Median Earnings
$1,228
Median Rent
$250,100
Median Home Value

Market

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 - Retail and office spaces available in Montville, CT.
Where is this retail space located?
The property is located at 1031 Norwich-New London Turnpike Montville, CT.
What is the lease rate?
The lease rate is $14.25 SF/Yr.
What are key features of this property?
This property features: High visibility on Route 32 with 11,000 daily average traffic count; Flexible space options: 800sf, 1,600sf, and 2,400sf available; C‑1 commercial zoning allows for retail, service, office, restaurant, and daycare uses
(860) 447-8839 Call to check price and availability
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