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MarketPlace Plaza 970-992 Poquonnock Rd 2,500 - 6,000 SF of Retail Space Available in Groton, CT 06340
HIGHLIGHTS
- Inline shell space formerly occupied by an ice cream shop.
- Only a short 9 minute drive to Groton-New London Airport.
- Well located along Groton's primary retail corridor.
- Easy access only a 6 minute drive to I-95.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 974 | 2,500 SF | 9’8” | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $41,878 CAD/YR $3,490 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 976 | 3,500 SF | 9’8” | Negotiable | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $48,857 CAD/YR $4,071 CAD/MO | Triple Net (NNN) |
970-992 Poquonnock Rd - 1st Floor - Ste 974
2,500 square foot, inline space. Vanilla box, buildout ready. Adjacent to 3,500 available square feet for the potential of 6,000 sq ft total.Natural gas heat. Two restrooms at back of space. Rear access door. 2 dedicated RTUs.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 6,000 SF of adjacent space
- Central Air and Heating
- Fully Carpeted
- Drop Ceilings
- Finished Ceilings: 9’8”
970-992 Poquonnock Rd - 1st Floor - Ste 976
3,500 square foot, inline space. Buildout ready. Adjacent to 2,500 available square feet for the potential of 6,000 sq ft total. Natural gas heat. Two restrooms at back of space. Rear access door. 2 dedicated RTUs.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 6,000 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- Fully Carpeted
- Drop Ceilings
- Finished Ceilings: 9’8”
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 MARKETPLACE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dans Rice Box
- Restaurant
- 1
- Local
- Louis & Clark Medical Supply
- Drug Store
- 4
- Regional
- Manana Cafe
- Restaurant
- 1
- Local
- Nails Spa
- Salon/Barber/Spa
- 1
- Local
- Perfect Wash Laundromat
- Laundry
- 1
- Local
- SalonCentric
- Health & Beauty Aids
- 860
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dans Rice Box | Restaurant | 1 | Local |
| Louis & Clark Medical Supply | Drug Store | 4 | Regional |
| Manana Cafe | Restaurant | 1 | Local |
| Nails Spa | Salon/Barber/Spa | 1 | Local |
| Perfect Wash Laundromat | Laundry | 1 | Local |
| SalonCentric | Health & Beauty Aids | 860 | International |
PROPERTY FACTS
| Total Space Available | 6,000 SF | Frontage | 197’ on Poquonnock |
| Center Type | Strip Center | Gross Leasable Area | 23,000 SF |
| Parking | 63 Spaces | Total Land Area | 2.81 AC |
| Stores | 7 | Year Built | 1978 |
| Center Properties | 1 |
| Total Space Available | 6,000 SF |
| Center Type | Strip Center |
| Parking | 63 Spaces |
| Stores | 7 |
| Center Properties | 1 |
| Frontage | 197’ on Poquonnock |
| Gross Leasable Area | 23,000 SF |
| Total Land Area | 2.81 AC |
| Year Built | 1978 |
ABOUT THE PROPERTY
Excellent visibility in a neighborhood center on Groton's primary retail corridor. In-place tenancy includes a mix of restaurants, cosmetic services, and one of the area's best-known tattoo studios. This tenant mix lends itself to high foot traffic, especially at lunch and dinner times. Ideally situated across from Big Y, the MarketPlace Plaza provides a perfect setting for retail stores, restaurants, and cosmetic or medical services.
- Pylon Sign
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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MarketPlace Plaza | 970-992 Poquonnock Rd
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