PROPERTY PACKET OFFERING Offered at $2,300,000 Qiambaug Professional Center 107 Wilcox Rd Mystic, CT 06355 LOW VACANCY RATE - HIGH DEMAND Quiambaug Cove Professional Center located on a picturesque 6.95 acre campus is quite possibly the nicest office building in the region. This "Green Building" with a brand new 30-year architectural roof is lined with solar panels and Centrally located within 1 mile of Stonington Borough and downtown Mystic. There are approximately 8,300 cars that pass this building per day and it is in very close proximity to I-95. Well-appointed features include: Water views from many offices, Ample Parking, Front door Security System, Tenant Mail Center, Green Building with Solar panels on roof, Handicap accessible, Common space waiting area, Common space kitchen, Common space bathrooms, Separate handicap bathroom, 45-seat theatre with surround sound and new projector with audio-visual component rack. Rent includes electricity & Heat. Exclusively Presented By: Mantas Laureckis Tim Bray Seaport Commercial 12 Roosevelt Ave Mystic, CT 06355 860-440-7044 www.seaportcommercial.com Disclosure: All information contained herein is from sources deemed reliable but not guaranteed; however, no representations or warranties are made as to accuracy or completeness and is provided subject to errors, omission, change, prior sale and withdrawal from market, all without notice. This information is confidential and is provided strictly as background information for the sole use of the prospective purchaser and its representatives. All interested parties are encouraged to make their own independent review and investigation of the property and verify all information independently as the Owner and Representatives have no liability as to the accuracy or completeness of the material. All images, verbiage, layout and marketing material herein are protected by copyright. Table of Contents GENERAL ACCESS • Welcome to Stonington • Aerial Photography • Location Map • Parcel Outline & Topography • Flood • Traffic Counts • Building Details • Exterior Photos • Interior Photos • Town Demographics Data • Floor Plan PROPERTY VAULT (Available Upon Request - or CLICK HERE for FULL ACCESS) A. Property Card B. Deed C. Schedule A D. 2018 Gross Income E. Current Tenant Roll F. A2 Survey Welcome To Stonington The town of Stonington is located in New London County, Connecticut in the state's southeastern corner. It includes the borough of Stonington, the villages of Pawcatuck, Lords Point, and Wequetequock, and the eastern halves of the villages of Mystic and Old Mystic (the other halves being in the town of Groton). Founded in 1649, Stonington Borough is a quaint, historic village located midway between New York and Boston just miles from downtown Mystic. Nestled on a mile-long peninsula that projects into Fisher’s Island Sound and Little Narragansett Bay affording stunning views, Stonington Borough was voted one of the Top 10 prettiest coastal towns in New England by Yankee Magazine. Rich in history and loaded with small town charm, Stonington Borough is not like other coastal destinations. The pace is slower. It's a bit quieter. There's less traffic. It's a place where a leisurely stroll down Water Street, past eclectic shops, art galleries, boutiques and restaurants, leads you to a magnificent sunset and an old stone lighthouse. Eclectic shops, art galleries, boutiques and restaurants line Water Street. Concerts, lectures, garden tours, parades and farmer’s markets happen year- round. Museums house intimate collections of maritime artifacts and opportunities to discover the lives of famed sea captains. A self-guided walking tour highlights beautifully preserved colonial, Federal and Greek revival architecture while nature trails offer panoramic views and seaside meadows filled with wildflowers and beach roses. Sheltered waters and a beautiful harbor make the Borough a beach destination, major yachting center and home to Connecticut’s last remaining fishing and lobstering fleets providing access to fresh, local seafood. Boating, fishing, kayaking and paddle boarding are activities within easy reach. Fantastic restaurants serve fresh, local seafood, farm-raised meat, organic produce, dairy and baked goods. Owner-operated coffee shops keep the Borough caffeinated with organic, fair-trade beans and nitro cold brew. And on top of it all, Stonington is a growing wine and craft beer region. If a quintessential New England getaway without the crowds is what you're looking for, Stonington Borough is just the escape you need. https://www.stoningtonboroughct.com/ Aerial Photography Location Map Parcel Outline & Topography 923.83' 300' 60.85' 1,332.38' 195.89' 10' Elevation Flood 107 Wilcox Rd, Stonington, CT 06378-2614, New London County Report Date: 10/10/2019 County: New London Flood Zone Code: AE Community Name: Stonington Flood Zone Panel: 090106-09011C0529J Special Flood Hazard Area (SFHA): In Panel Date: 08/05/2013 Within 250 feet of multiple flood zone: Yes (AE,X500,X) Flood Code Description: Zone AE-An area inundated by 100-year flooding SFHA Definition: The land area covered by the floodwaters of the base flood is the Special Flood Hazard Area (SFHA) on NFIP maps. The SFHA is the area where the NFIP's floodplain management regulations must be enforced and the area where the mandatory purchase of flood insurance applies. The SFHA includes Zones A, AO, AH, A1-30, AE, A99, AR, AR/A1-30, AR/AE, AR/AO, AR/ AH, AR/A, VO, V1-30, VE, and V. Traffic Counts 107 Wilcox rd is located on Route 1 averaging 8,300 counts per day. Building Details Details Style: Commercial Office Building Use: Retail/Office space Gross Area: 17,513 Rent-able Area: 16,520 Year Built: 1965 Acres: 6.95 2018 Taxes: $24,159 Zone: RR-80 Flood: AE Parking: On Site parking provided - 144 spaces Provided Lease Utilities: All included Heating: Forced Hot Air/Gas Cooling: Central Roof: New 30 year architectural Well Appointed Features − Water views from many offices − Front door security code − Tenant Mail Center − Green building with Solar on roof − Handicap accessible − Common space with waiting area − Common kitchen space − Separate handicap bathroom − Rent includes electricity and heat Perhaps the nicest propfessional office building in Stonington. Impress your clients and grow your business at the Quiambaug Professional Center. All tenants have access to the 45 seat theatre with luxury seating and surround sound. Separate handicap bathroom and ramp. Exterior Photo Highlights Interior Photo Highlights Floor Plan Stonington, Connecticut CERC Town Profile 2018 Produced by The CT Data Collaborative Town Hall Belongs To 152 Elm Street New London County Stonington, CT 06378 LMA Norwich - New London - Westerly (860) 535-5050 Southeastern Planning Area Incorporated in 1649 Demographics Population Race/Ethnicity (2012-2016) Town County State Town County State 2000 17,906 259,088 3,405,565 White Alone, Non-Hispanic 16,829 207,985 2,464,450 2010 18,545 274,055 3,574,097 Black Alone 274 15,526 372,696 2012-2016 18,477 272,033 3,588,570 Asian 504 11,283 152,782 2020 17,825 283,665 3,604,591 Native American 32 1,616 9,399 '16 - '20 Growth / Yr -0.9% 1.0% 0.1% Other/Multi-Race 527 22,144 284,582 Town County State Hispanic or Latino 579 26,701 537,728 Land Area (sq. miles) 39 665 4,842 Town County State Pop./Sq. Mile (2012-2016) 478 409 741 Poverty Rate (2012-2016) 8.5% 9.9% 10.4% Median Age (2012-2016) 48 41 41 Educational Attainment (2012-2016) Households (2012-2016) 7,878 106,170 1,354,713 Town State Med. HH Inc. (2012-2016) $78,274 $67,574 $71,755 High School Graduate 3,536 25% 673,220 27% Town State Associates Degree 1,095 8% 184,426 7% Veterans (2012-2016) 1,492 188,759 Bachelors or Higher 6,413 46% 938,319 38% Age Distribution (2012-2016) 0-4 5-14 15-24 25-44 45-64 65+ Total Town 645 3% 1,927 10% 2,014 11% 3,529 19% 6,124 33% 4,238 23% 18,477 100% County 13,893 5% 31,068 11% 38,356 14% 66,070 24% 78,837 29% 43,809 16% 272,033 100% State 188,812 5% 439,100 12% 494,529 14% 878,077 24% 1,033,029 29% 555,023 15% 3,588,570 100% Economics Business Profile (2016) Top Five Grand List (2017) Sector Units Employment Amount Total - All Industries 832 7,599 Connecticut Light & Power Co. $40,069,760 Mystic Senior Property $24,069,379 23 - Construction 74 430 Aquarion Water Co of CT $15,267,502 31-33 - Manufacturing 33 703 Senior Living by Masonicare $29,599,790 44-45 - Retail Trade 118 896 DDH Hotel Mystic, LLC $11,274,567 Net Grand List (SFY 2015-2016) $2,622,270,316 62 - Health Care and Social Assistance 56 813 Major Employers (2016) 72 - Accommodation and Food Services 91 1,602 Davis Standard LLC McQuades Market Inc. Big Y Zachry Nuclear Engineering Total Government 19 642 Red 36 Education 2017-2018 School Year Smarter Balanced Test Percent Above Goal (2016-2017) Grades Enrollment Grade 3 Grade 4 Grade 8 Stonington School District PK-12 2,097 Town State Town State Town State Math 78.7% 53.1% 80.8% 50.0% 51.1% 41.8% ELA 78.7% 51.8% 80.8% 54.1% 68.4% 53.7% Pre-K Enrollment (PSIS) 2016-2017 Stonington School District 41 Rate of Chronic Absenteeism (2016-2017) All 4-Year Cohort Graduation Rate (2016-2017) Connecticut 9.9% All Female Male Stonington School District 7.1% Connecticut 87.9% 90.9% 85.1% Stonington School District 89.6% 92.5% 86.7% Public vs Private Enrollment (2012-2016) Town County State Public 81.4% 89.5% 86.8% Private 18.6% 10.5% 13.2% Town Profiles Generated on 08/01/18 - Page 1 profiles.ctdata.org No representation or warranties, expressed or implied, are given regarding the accuracy of this information.