493 Westchester RdColchester, CT 06415

  • Other commercial real estate
  • 30,812 SF
For Lease
$8.50/SF/YR View listing

Property Details for 493 Westchester Rd

Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
8.20 AC
Property size (Sq ft)
30,812 SF
Zone code
WV
Property type
Other commercial real estate
Property subtype
Showrooms
APN
COLC M:003 B:017 L:013-000
APU
COLCM003B017L013000

Description

Westchester Plaza, located at 493 Westchester Rd, Colchester, CT 06415, offers a unique retail opportunity within a thriving shopping center. This 30,812 square foot property, built in 1965, currently has 6,800 square feet of vacant space available for lease. The space is divisible, allowing for flexibility to suit various business needs, with a minimum of 1,600 square feet and a maximum of 3,400 square feet available in a single unit. The space is ideally situated between Anytime Fitness and The Harvest Corner, a recreational cannabis dispensary slated to open by September 1st, 2023, which is projected to draw 150-250 daily customers. This prime location benefits from convenient access to Route 2 and Route 9, ensuring high visibility and accessibility for your business. The shopping center has undergone a transformation, establishing itself as a premier destination in Colchester, boasting a diverse mix of tenants including restaurants and an upscale market. The lease rate is $15 per square foot, NNN, with a lessor-offered incentive of six months of free rent. This presents a compelling opportunity to establish or expand your business in a high-traffic, well-established commercial center.

493 Westchester Rd, Colchester, Connecticut
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Location Insight

City
Colchester
County
New London
State
Connecticut
Latitude
41.5469
Longitude
-72.412
CBSA code
35980
CBSA name
NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,688
$264,000
$753,200
$1,017,200
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