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116 Bridge Rd 1,200 SF of Retail Space Available in Haddam, CT 06438



HIGHLIGHTS
- Prime corner location at signalized intersection with high traffic counts.
- Dual frontage and ample parking with shared access to neighboring retail.
- Surrounded by cultural attractions and affluent residential neighborhoods.
- Existing bank buildout with teller stations and private office.
- Prominent exterior and pylon signage opportunities for strong branding.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $34.43 CAD/SF/YR $2.87 CAD/SF/MO $41,319 CAD/YR $3,443 CAD/MO | Triple Net (NNN) |
1st Floor
CBRE is pleased to offer for lease this ±1,200 SF free-standing retail property located at 116 Bridge Road in Haddam, Connecticut. 116 Bridge Road is a single-story building situated on Route 82 that formerly served as a retail banking center for Liberty Bank and boasts a prominent corner location at the signalized intersection with Saybrook Road (Route 154), with an average daily traffic count of 10,400 VPD. The property has great frontage and access on Bridge Road, as well as Saybrook Road, and offers parking in both the front and rear of the building, which it shares with the Haddam Gulf gas station and convenience store. Exterior building and pylon signage/branding is also available. The building is available in its entirety at an asking lease rate of $25.00/SF NNN.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Space is in Excellent Condition
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 116 BRIDGE RD, HADDAM, CT 06438
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Liberty Bank
- Bank
- 94
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Liberty Bank | Bank | 94 | Local |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Gross Leasable Area | 1,200 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Bank |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 1,200 SF |
| Year Built | 1970 |
ABOUT THE PROPERTY
116 Bridge Road is located less than one mile from the Connecticut River with convenient access to a number of cultural and historic attractions along the riverbank including the Goodspeed Opera House, which draws over 120,000 visitors per year and has been in operation since 1877 Other area amenities and attractions include the Gelston House Restaurant and Inn, Boarman House Inn Bed & Breakfast, Eagle Landing State Park and Connecticut River Expeditions, which offers private scenic cruises on the river. Gillette Castle State Park and hiking trails are located approximately 10 minutes away.
- Pylon Sign
Presented by
116 Bridge Rd
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