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Property profile

220 Ct-12 Groton, CT 06340

OFF-MARKET
Retail properties & Spaces
196,802 SF
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Property summary

AI-generated overview

Groton Square, a dominant retail shopping center in New London County, offers exceptional opportunities for businesses seeking high-traffic locations. This 196,802 square foot center boasts a strong tenant mix, including national brands like Kohl's, Stop & Shop, Panera Bread, Moe's Southwest Grill, Shoe Department, PhysiciansOne, and Verizon. The center is strategically positioned with convenient access to I-95, ensuring high visibility and easy accessibility for customers. Currently, there are 18 suites available, with three spaces immediately available ranging from 880 to 3,433 contiguous square feet. A total of 6,713 square feet is currently vacant, presenting a unique chance to establish or expand your business within a thriving retail environment. The center's proximity to major employers and Connecticut College guarantees a substantial customer base. The property's multiple tenancy structure provides flexibility for various business types, including retail, restaurant, and medical uses. This is an exceptional opportunity to secure a prime retail space in a well-established and highly visible shopping center. The minimum divisible space is 880 square feet, allowing for businesses of various sizes to find a suitable location. The center's strong anchor tenants and diverse tenant mix create a synergistic environment, attracting a wide range of shoppers. Don't miss this chance to become part of Groton Square's successful retail community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 196,802 SF

Cap rate & NOI

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

Location

220 Ct-12 Groton, CT 06340
Groton 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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