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    23 Clara Dr Stonington, CT 06355

    Sponsored
    For Lease
    $18 SF/Yr

    Spacious suites, flexible layouts, ample parking.

    Lot size:
    49,873 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B office building at 23 Clara Dr, Mystic, CT, offers a fantastic opportunity for businesses seeking flexible and modern workspace. The property boasts a total of 49,873 square feet spread across two stories, with multiple tenancy options available. Currently, there are 23,706 square feet of vacant space, offering a range of suite sizes to accommodate various business needs. Spaces as small as 1,700 square feet and as large as 10,159 contiguous square feet are available, providing significant flexibility for expansion or downsizing. The building is conveniently located in Stonington, CT, with a zip code of 06355, offering easy access to local amenities and transportation. Ample parking is provided with 96 spaces available for tenants and their clients. The professional office space is ideal for a variety of businesses seeking a well-maintained and functional workspace in a desirable location. This is a rare opportunity to secure prime office space in a thriving Connecticut community. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 23 Clara Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,873 SF
    Class
    B
    Total Rate
    74809.5

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    1st Fl-Ste 104 A/B
    Size
    1,720 SF
    Rate per SF
    $18
    Space
    1st Fl-Ste 106
    Size
    5,143 SF
    Rate per SF
    $18
    Space
    205/206/207
    Size
    10,159 SF
    Rate per SF
    $18

    HighLights

    • Class B office building totaling 49,873 square feet.
    • Built in 1989, two‑story building.
    • 96 surface parking spaces available.
    • 23,706 square feet of vacant space available, with suites ranging from 1,700 to 10,159 contiguous square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Empower Fitness Mystic ... Personal Trainer Hubbell Premise Wiring Manufacturer Williams Brian L ... Family Practice Physician Erik G. Enquist, ... Urologist Lawrence + Memorial Medical ... Medical Group

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stonington
    County
    New London
    State
    Connecticut
    Longitude
    -71.9546754
    Latitude
    41.3699683

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    FAQs

    What type of property is this?
    Office space - Spacious suites, flexible layouts, ample parking.
    Where is this office space located?
    The property is located at 23 Clara Dr Stonington, CT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Class B office building totaling 49,873 square feet.; Built in 1989, two-story building.; 96 surface parking spaces available.
    Request Owner's contact information
    23 Clara Dr Stonington, CT 06355
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    23 Clara Dr Stonington, CT 06355
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