721 Long Hill Rd Groton, CT 06340
For Lease
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This exceptional Class A retail property, located at 721 Long Hill Rd in Groton, offers 14,355 total square feet across three suites. Currently, 7,177 square feet are available, divisible into spaces as small as 3,175 square feet, with a maximum contiguous space of 7,177 square feet. The building, constructed in 1978 and extensively renovated in 2022, sits on a 1.77-acre lot (77,164 square feet) and boasts 52 parking spaces for ample customer convenience. The property benefits from excellent visibility and accessibility, with direct frontage on Drozdyk Dr. It's strategically located in a high-traffic area, experiencing approximately 20,000 cars daily. The property is zoned for retail use and features electric and propane power. Property taxes are $1.80 per square foot. The building is anchored by O'Reilly Auto Parts, providing strong synergy and attracting a substantial customer base. This is a prime opportunity for businesses seeking a well-maintained, high-visibility location in a thriving retail market. The single-story building offers a convenient and efficient layout.
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O'Reilly Auto Parts Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MTC · Groton, CTGroton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.