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90 Halls Rd
1,564 - 6,862 SF of Space Available in Old Lyme, CT 06371
Highlights
- 3,500± SF First Floor Freestanding building - former bank branch with 2 drive-thru lanes
- Located in the Old Lyme Marketplace - anchored by Big Y
- Signalized access into center
- 1,564 SF Inline space for Lease & 1,798 SF Built-out Salon space
- Inline space located between Big Y and Walgreens
- Just off I-95 Exit 70
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Freestanding | 3,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste Inline | 1,564 SF | Negotiable | $18.28 CAD/SF/YR $1.52 CAD/SF/MO $196.80 CAD/m²/YR $16.40 CAD/m²/MO $2,383 CAD/MO $28,595 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste Inline | 1,798 SF | Negotiable | $21.10 CAD/SF/YR $1.76 CAD/SF/MO $227.08 CAD/m²/YR $18.92 CAD/m²/MO $3,161 CAD/MO $37,931 CAD/YR | Triple Net (NNN) |
1st Floor, Ste Freestanding
O,R&L Commercial is pleased to present 3,500±SF of first floor stand alone retail space for lease in Old Lyme’s premier retail corridor. Prime location on Rt. 1 (Halls rd.) in the Old Lyme Marketplace on a signalized entrance, a great site for bank branch with it’s existing two drive-thru’s, or retail/office. Ample parking in common with the shopping center and easy access to I-95 exit 70. Other tenants include Big Y, Walgreens, Subway, Snap Fitness, Grand Wine & Spirits.
- Fully Built-Out as Standard Retail Space
- Fits 9 - 28 People
- Space is in Excellent Condition
- 3,500± SF Available - First floor space
- Former Bank Branch
- Two Drive Thru Lanes
- 11,000 ADT
- Signalized Access
- Big Y Anchored Center
1st Floor, Ste Inline
1,564 SF Inline Retail space for Lease located between Big Y and Walgreens in the Old Lyme Marketplace.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Fits 4 - 13 People
- Located in-line with other retail
- 1,564 SF Inline space for Lease
- Standard retail buildout
- Nicely appointed finishes
- Located between Big Y and Walgreens
1st Floor, Ste Inline
1,798 SF Retail space for Lease built-out as a Salon. Lease Rate: $15.00/SF NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
- 1,798 SF Built-out salon for Lease
- Nicely appointed finishes
- Just off I-95 at Exit 70
- Ample Parking
- Located between Big Y and Walgreens
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 90 Halls Rd, Old Lyme, CT 06371
- Tenant
- Description
- US Locations
- Reach
- Big Y
- Retailer
- -
- -
- Walgreens
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Big Y | Retailer | - | - |
| Walgreens | Retailer | - | - |
PROPERTY FACTS FOR 90 Halls Rd , Old Lyme, CT 06371
| Property Type | Retail | Gross Leasable Area | 52,548 SF |
| Property Subtype | Bank | Year Built | 1992 |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 52,548 SF |
| Year Built | 1992 |
About the Property
O,R&L Commercial is pleased to present a 3,500 SF of first floor freestanding retail / office building for Lease and 1,564 SF & 1,798 SF (built-out salon) inline retail space for Lease in the Old Lyme Marketplace located in Old Lyme’s premier retail corridor. This is a prime location on Route 1 (Halls Road) with a signalized entrance, ample parking and easy access to I-95 at Exit 70. The freestanding space is a great site for a bank branch with it’s existing two drive-thru’s, or retail/office space. The inline space is ideally situated between the plaza's anchor -- Big Y and Walgreens for lots of foot traffic. Other tenants within the shopping center include: Subway, Snap Fitness, Grand Wine & Spirits, Old Lyme Hardware, Select Physical Therapy & Office Express. Lease Rates: Freestanding Building - Call Listing Broker | Inline spaces: $13.00 - $15.00/SF NNN
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Frank Hird -
Richard Lee -
O, R & L Commercial
Presented by
90 Halls Rd
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