4 Broadway Avenue Groton CT

Highlights:

• 132,600 GSI across 10 Tenants across professional services, wellness, medical, and creative industries
• Turn Key Condition Renovated 2024 / 23 on-site parking (2.56/1,000 )
• 8,831 SF 3 Story - Multi Tenant Office Building (2,250 SF floor plate)
• • Historical leasing at the property averages 1 month on market, outperforming peers with 22-month averages
• • Minutes to Mystic Seaport, downtown, hospitality hubs, and major regional employment centers (Pfizer, Electric Boat, Coast Guard).
• 5 Minute walk to downtown Mystic / 1 minute walk to Metro North

Description:

EAC Properties LLC as exclusive broker is proud to present 4

Broadway Avenue Extension. an impeccably maintained 8,831 SF

Class B office building with Class A Operations in the Mystic/

Groton (Stonington) market, offering 100% occupancy, strong inplace

tenancy, recent 2024 renovations, and excellent curb appeal.

Positioned in the SE New London Submarket, which boasts a 2.5%

vacancy rate and consistent rent growth, the property outperforms

all peer benchmarks (peer vacancy: 33.9%) while achieving

competitive $23.10/SF gross asking rents. With modernized

mechanicals, diverse professional tenants, and turn-key operations,

this asset is a rare stabilized investment in a supply-constrained

coastal market.

4 Broadway Avenue Extension represents a premier boutique

office investment in the thriving, supply-constrained Mystic/

Groton commercial corridor. The 8,831 SF, three-story, Class B

office building, originally constructed in 1988 and modernized

with substantial 2024 renovations, offers investors a stabilized,

high-performing income stream with diverse mix of professional,

medical, wellness, and creative tenants.

Its superior occupancy, modern upgrades, and diversified tenant

mix position it as a low-volatility, high-stability office investment

in one of Southeastern Connecticut’s highest-performing

submarkets.




• 8,831 SF 3 Story - Multi Tenant Office Building (2,250 SF floor plate)

on .57 acres lot with 2.56/1,000 SF parking in M1 Zone

• $132,600 GSI across 10 Tenants across professional services, wellness,

medical, and creative industries

• Turn Key Condition Renovated 2024 / 23 on-site parking (2.56/1,000 )

• Historical leasing at the property averages 1 month on market,

outperforming peers with 22-month averages

• Minutes to Mystic Seaport, downtown, hospitality hubs, and major

regional employment centers (Pfizer, Electric Boat, Coast Guard).

• 5 Minute walk to downtown Mystic / 1 minute walk to Metro North

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