Strategic Hub Adjacent to the New Electric Boat "Center of Excellence"
Ride the Wave of the $25M Crystal Mall Acquisition **************20 FARGO ROAD REAR LOT 13.79 ACERS NEW DEVELOPMENT STILL AVAILABLE ADDITIONAL PRICE*************
Position your business at the epicenter of the most significant economic development in Southeastern Connecticut. General Dynamics Electric Boat has officially purchased the entire Crystal Mall property, a massive investment just seconds down the street from these parcels.
As EB transitions the 500,000+ SF mall into a premier engineering and training "Center of Excellence," an estimated 4,000 to 5,000 employees will be reporting to this site daily.
This creates an unprecedented demand for:
• Subcontractors & Suppliers: Direct proximity for logistics and support.
• Engineering & Tech Firms: Office and lab space within walking distance of EB’s new hub.
• Industrial/Commercial Service Providers: High-visibility space to serve the growing defense workforce.
Investment Highlights
• Prime Infrastructure: Located literally off the I-395 exit with a dedicated traffic light.
• Massive Exposure: Exceptional visibility with a 25,000+ daily car traffic count directly on I-395.
• Two High-Value Parcels: * 6 Fargo Rd: 5.02 acres featuring a 45,000 SF building with a solid, long-term tenant (immediate cash flow) and 15,000–20,000 SF of potential availability.
• Flexible Zoning: Currently B-2 (General Business), with significant potential for an industrial zone change to accommodate manufacturing or high-tech defense warehousing.
• Strategic Location: Minutes from I-95 and less than 6 miles from the main EB Shipyard in Groton.
Executive Summary
Represented by American Premier Commercial Real Estate, LLC, 6 Fargo Road represent a rare "buy-and-hold" or "develop-to-suit" opportunity. The market is shifting rapidly; as Electric Boat consolidates its administrative, engineering, and software functions at the mall, surrounding properties are being snatched up by the massive network of nearly 600 Connecticut-based suppliers.With the 45,000 SF building at 6 Fargo Road already anchored by a reliable tenant, this acquisition offers the perfect balance of immediate stability and explosive development upside. Whether you are looking to build a new corporate headquarters or provide essential warehouse space for the submarine industrial base, this is the premier address in Waterford.