195 Route 12
Groton, CT 06340
Retail Property For Sale

The subject property is located on Route 12, a small highway in the eastern sector of Groton. The property is located directly across the street from the Groton Square Shopping Center, one of the most popular retail locations in the city. Other nearby national retailers include KFC, Panera Bread, Five Guys, Subway, Domino’s Pizza, & Dunkin Donuts. Groton is a town located on the Thames River in New London County, Connecticut, United States. The population was 40,115 at the 2010 census. Groton is the home of the Electric Boat Corporation, which is the major contractor for submarine work for the United States Navy. The Naval Submarine Base New London is located in Groton, and the pharmaceutical company Pfizer is also a major employer. Avery Point in Groton is home to a regional campus of the University of Connecticut. The city of Groton holds a fair economy, with unemployment and future job growth running slightly lower than the national average. Still, the household income and family median income are nearly $8,000 higher than the rest of the United States.