6 Fargo Rd - Retail FOR SALE


Waterford, CT 06385
$3,600,000 USD
860-635-0000
6 Fargo Rd, Waterford, CT for Sale
$3,600,000 USD
Retail - FOR SALE
1/7
null | 5.56% Cap Rate

6 Fargo Rd
Waterford, CT 06385


HIGHLIGHTS

  • 6 Fargo 45,000 sq building - Long term lease with a solid tenant with options
  • Engineering & Tech Firms: Office and lab space within walking distance of EB’s new hub
  • Strategic Location: Minutes from I-95 and less than 6 miles from the main EB Shipyard in Groton
  • Industrial/Commercial Service Providers: High-visibility space to serve the growing defense workf
  • Massive Exposure: Exceptional visibility with a 25,000+ daily car traffic count directly on I-395.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

5.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.02 AC

LAND SF

218,671 SF

ZONING

B-2

APN/PARCEL ID

WATE-000061-000000-002297

ASK ABOUT THIS PROPERTY

Denis O'BrienAmerican Premier Commercial REMore Info
860-635-0000

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Denis O'BrienAmerican Premier Commercial REMore Info
860-635-0000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.