4 Broadway Avenue Groton CT

Investment Overview

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.

Highlights

• 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