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721 Long Hill Rd

3,175 - 7,177 SF of Retail Space Available in Groton, CT 06340

Highlights

  • Traffic Light, Heavy Traffic at 20,000 cars per day. Recently renovated parking lot, facade.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,175-7,177 SF
  • 13’6” - 15’
  • 1-5 Years
  • $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $10,167 /MO $122,009 /YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

This space includes suites B and C. They can be leased individually or together. Suite B is 4,002 square feet and suite C is 3,175 square feet.

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Finished Ceilings: 13’6” - 15’
  • B and C suites included
  • Open interior space
  • Located directly off of Longhill Road
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 3,175-7,177 SF 13’6” - 15’ 1-5 Years $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $10,167 /MO $122,009 /YR Triple Net (NNN)

1st Floor

Size
3,175-7,177 SF
Ceiling
13’6” - 15’
Term
1-5 Years
Rental Rate
$17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $10,167 /MO $122,009 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

This space includes suites B and C. They can be leased individually or together. Suite B is 4,002 square feet and suite C is 3,175 square feet.

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Finished Ceilings: 13’6” - 15’
  • B and C suites included
  • Open interior space
  • Located directly off of Longhill Road

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.

SELECT TENANTS AT 721 Long Hill Rd, Groton, CT 06340

  • Tenant
  • Description
  • US Locations
  • Reach
  • O' Reilly Auto Parts
  • Automotive
  • 22,109
  • National
Tenant Description US Locations Reach
O' Reilly Auto Parts Automotive 22,109 National

PROPERTY FACTS FOR 721 Long Hill Rd , Groton, CT 06340

Min. Divisible 3,175 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 14,355 SF
Year Built/Renovated 1979/2023
Parking Ratio 3.62/1,000 SF

About the Property

This property is located directly off of Longhill road. At a signalized light opposite Drozdyk Dr. This property also is situated directly beside the railroad. This area is located near the I-95 highway. Traffic count is 20,000 cars daily.

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
7,169
42,828
80,184
92,838
2029 Population
7,203
42,786
80,270
93,051
2024-2029 Projected Population Growth
0.5%
-0.1%
0.1%
0.2%
Median Age
38.2
36.5
38.6
38.8
College Degree + Higher
29%
26%
33%
19%
Daytime Employees
3,571
40,109
56,246
64,135
Total Businesses
517
3,218
5,267
6,583
Average Household Income
$82,952
$77,649
$92,969
$95,128
Median Household Income
$69,543
$59,290
$72,450
$74,615
Total Consumer Spending
$91.6M
$475.3M
$1B
$1.1B
2024 Households
3,596
18,242
33,269
36,910
Average Home Value
$159,571
$263,342
$329,727
$316,842

Nearby Major Retailers

Planet Fitness
Bank of America
ALDI
Liberty Bank
D'angelo Grilled Sandwiches
Applebee's
Big Y World Class Market
Starbucks
Chase Bank
The Berkshire Bank
  • Listing ID: 33972084

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 721 Long Hill Rd, Groton, CT 06340

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