For Lease $12 NNN - Commercial Space For Lease
Multi-tenant industrial facility for lease located just off I-95, near Route 2 and New London Turnpike. The property consists of three detached buildings; the core building, the east warehouse and the north warehouse. The core building consists of an office and warehouse building built in 1969. The office building is a two-story 15,184 SF office space and is attached to the north warehouse which is 83,091 SF. The east warehouse was built as a 27,200 SF warehouse in 2018 and is fully occupied. The north warehouse was built in 2022. Parking totals 223 spaces. Land area is 14.28 acres. The property is utility served by an on-site well for water and an on-site septic sewer system. Municipal water available via Westerly Water. Municipal Sewer is available from Town of Stonington. Asking rents for office space in the core building ranges from $9.00 to $11.50 PSF/year on a modified gross plus utilities basis. Asking rents for industrial space is negotiated tailored by space.
