Property profile

391 Norwich-Westerly Rd North Stonington, CT 06359

OFF-MARKET
Office Spaces
Built 1988
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Property summary

AI-generated overview

This 700-square-foot office space is located at 391 Norwich-Westerly Rd, North Stonington, CT 06359, in Holly Green Plaza. Situated on the second floor of a building constructed in 1988, this unit offers a flexible layout suitable for traditional, medical, or creative office uses. The space includes a private bathroom, an open floor plan, and a separate private office. The building features an elevator and ample parking, catering to the needs of tenants and clients. The property is conveniently located approximately 1.5 miles north of I-95, easily accessible via Exit 92. The area boasts a high average daily traffic count of 12,500 vehicles. This space is currently available for lease at $1,150 per month, plus utilities. Note that this unit, and a neighboring unit, are also available for purchase. The property is zoned C Commercial and is in New London County. This versatile space presents a fantastic opportunity for businesses seeking a well-located and functional office environment.

Property profile

Verified
Property type Office Spaces
Year built 1988

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

391 Norwich-Westerly Rd North Stonington, CT 06359
North Stonington metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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