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Norwichtown Commons 42-44 Town St
1,612 - 50,330 SF of Retail Space Available in Norwich, CT 06360
Highlights
- Anchored by high-volume Stop & Shop.
- Co-tenants include Planet Fitness, Jersey Mike's and Dollar Tree.
- Located at two lighted intersections.
- Norwichtown Commons is located in a densely populated area which features three and five-mile population counts of 22,051 and 55,887 people.
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 13 | 7,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2 | 33,494 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 4b | 1,625 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $3,385 /MO $40,625 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 5 | 5,999 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 9 | 1,612 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $3,358 /MO $40,300 /YR | Triple Net (NNN) |
36-44 Town St - 1st Floor - Ste 13
- Partially Built-Out as Standard Retail Space
36-44 Town St - 1st Floor - Ste 2
36-44 Town St - 1st Floor - Ste 4b
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
36-44 Town St - 1st Floor - Ste 5
- Fully Built-Out as Standard Retail Space
36-44 Town St - 1st Floor - Ste 9
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 42-44 Town St , Norwich, CT 06360
| Center Type | Community Center | Frontage | |
| Parking | 858 Spaces | Gross Leasable Area | 179,652 SF |
| Stores | 27 | Total Land Area | 16.82 AC |
| Center Properties | 1 | Year Built | 1966 |
| Center Type | Community Center |
| Parking | 858 Spaces |
| Stores | 27 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 179,652 SF |
| Total Land Area | 16.82 AC |
| Year Built | 1966 |
About the Property
Norwichtown Commons is a 168,000 +/- square foot shopping center located in Norwich, CT. This center is anchored by Stop & Shop, one of New England’s premier grocers. Co-tenants include Planet Fitness, Great Clips and Dollar Tree amongst others. Norwichtown Commons benefits from great visibility situated at two lighted intersections along New London Turnpike and Town Street. In addition, Norwichtown Commons is located in a densely populated area which features three and five-mile population counts of 22,051 and 55,887 people. With excellent visibility, a high-volume anchor, an ideal mix of retailers and regular daily traffic, Norwichtown Commons is an ideal site for retail and service businesses. Broker of Record Frank Normandin - License # REB.0791622
- Banking
- Dedicated Turn Lane
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Restaurant
- Signalized Intersection
- Enclosed Mall
-
Power Broker Chris McMahon -
Danny Schwarz -
Gabrielle Siddiqi -
Summit Realty Partners
Presented by
Norwichtown Commons | 42-44 Town St
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