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41 Rose Lane, Groton CT 06340 PROPERTY OFFERING

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Page 1: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

41 Rose Lane, Groton CT 06340

PROPERTY OFFERING

Page 2: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

Welcome to the Town of Groton

Information deemed to be reliable but not guaranteed. Parties are required to 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 materials herein are protected by copyright law. ©

The Town of Groton is located in New London County and lies on the Fishers Is-land Sound between the Thames and Mys-tic River. The area consists of about 31 square miles and has a population of about 30,000 residents. Groton is home to The Global Research and Development Cam-pus of Pfizer, the US Naval Submarine Base, Electric Boat a division of General Dynamics and the University of Connecti-cut Marine Sciences Center at Avery Point. The Town of Groton is comprised of many diverse communities which include Mystic, Noank, Groton Long Point, Mumford Cove, Groton City and Eastern Point. Groton is a regional center for commerce and industry while its shoreline location and its many historical sites have made the re-gion a prime tourist attraction and a wonderful place to call home. Students attend-ing Groton Schools have many educational choices to meet their needs.

Page 3: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

Information deemed to be reliable but not guaranteed. Parties are required to 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 materials herein are protected by copyright law. ©

41 Rose Lane ~ Land & Location Map

Page 4: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

41 Rose Lane ~ Parcel Map

Information deemed to be reliable but not guaranteed. Parties are required to 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 materials herein are protected by copyright law. ©

Page 5: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

Exterior Photo Highlights

Information deemed to be reliable but not guaranteed. Parties are required to verify all information independently as the Owner

and Representatives have no liability as to the accuracy or completeness of the material.

Page 6: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

Interior Photo Highlights

Information deemed to be reliable but not guaranteed. Parties are required to verify all information independently as the Owner

and Representatives have no liability as to the accuracy or completeness of the material.

Page 7: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food
Page 8: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food
Page 9: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food
Page 10: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

39,907

40,25440,07938,172-0.6%

259,088272,360273,723279,893

0.3%

3,405,5653,545,8373,572,2133,690,997

0.4%

311,280

666411

4,845737

15,669 106,817 1,360,184

31,5832,208

2152,433

3,807

226,45314,834

1,47212,047

23,331

2,802,217355,660

8,531139,827

480,185

Town County StateWhiteBlackAsian PacificNative American

Hispanic (any race)

Town County State

Land Area (sq. miles)

Persons Age 25 or OlderHigh School GraduateAssociates DegreeBachelors or Higher

Town State% %

7.5%

Pfizer Inc

Naval Submarine Base

Mystic Seaport Museum

Marriott-Mystic Hotel & Spa

Naval Ambulatory Care Ctr

Pfizer Inc $511,942,340Electric Boat Corp $255,281,330LCOR Groton Apartments LLC $21,400,150Exit 88 Hotel LLC $18,710,270Groton Devel Associates LTD $17,533,460

10.0%

Demographics

8.1%

Amount

7,154 28%2,115 8%8,403 33%

677,253 28%177,531 7%879,089 36%

% of Net

33 40 40

$3,910,324,166

13.1%6.5%0.5%0.5%0.4%

$61,966 $68,310 $69,519

Population (2012)

Pop./ Sq. Mile (2012)

Med HH Inc. (2012)Households (2012)Median Age (2012)

Race/Ethnicity (2012)

Poverty Rate (2012)

Educational Attainment (2012)

Business Profile (2013) Top Five Grand List (2013)

Net Grand List (2013)

Major Employers (2014)

2012

'12-'20 Growth / Yr

2020

45 Fort Hill RoadTown Hall

(860) 441-6630

New London CountyLMA Norwich - New LondonSoutheast Economic Dev. RegionSoutheastern Connecticut Planning Area

Belongs to

Incorporated in 1705

Groton, CT 06340

Economics

Education

5,222

17.1 18.520.3 18.3

18.9

Total Town School Enrollment

Average Class Size

Grade K Grade 2Grade 5 Grade 7

High School

Town

487

504

64 63 76 76 76 7563 67 67 72 66 6766 67 62 65 72 65

Average SAT Score

Reading

Math

Connecticut Mastery Test Percent Above Goal

MathWriting

Grade 4 Grade 6 Grade 8Town State Town State Town State

Elementary: 2.5Middle: 1.2Secondary: 1.4

2010-2011 School Year

Most public school students in Groton attend Groton School District, which has 4,965 students.

For more education data see:

State

4.12.72.9

Town State502

506

Students per Computer Town State

Reading

www.cerc.com

CERC Town Profile 2014Groton, Connecticut

Town Profiles October, 2014. Page 1

3,640 18,917 265,978Other/Multi-Race

No representation or warranties, expressed or implied, are given regarding the accuracy of this information.

497Writing 506

20002010

548,313

http://sdeportal.ct.gov/Cedar/WEB/ResearchandReports/SSPReports.aspx

MaleFemaleCounty TotalState Total

0-4 5-17 18-24 25-49 50-64 65+ Total20,9624% 2,945 4,336 6,656 3,379 2,1211,52519,1173% 2,636 2,141 6,483 3,554 2,9891,314

5% 16% 10% 33% 21% 14%6% 17% 9% 33% 20% 14%

7%7%

11%5%

17%16%

8%9%

5%7%

273,72314,771 44,233 27,177 91,182 57,129 39,2313,572,213200,031 612,181 328,661 1,194,793 726,725 509,822

Age Distribution (2012)

Sector Units Employment

Total - All Industries 25,7061,067

23 Construction 16449

31 Manufacturing NANA

44 Retail Trade 2,055155

54 Prof, Scientific, and Technical Svcs 2,146146

62 Health Care and Social Assistance 1,690105

72 Accommodation and Food Services 2,299131

Total Government 3,48555

Page 11: PROPERTY OFFERINGweb27.streamhoster.com/tbray777/41rose.pdf · 2015-04-08 · Subsidized Housing (2012) Units 1,067 7,065 113,697 14,244 25,706-0.3% State Temporary Assistance Food

Council-ManagerGovernment Form:

Tax RevenueNon-tax Revenue

Intergovernmental

As % of State Average

EducationOther

As % of ExpendituresPer CapitaAs % of State Average

As % of Expenditures

As % of State Average

$123,676,477$77,709,085$45,967,392$43,940,965

$1,93975.1%

$123,131,899$79,722,039$43,409,860

$58,667,20147.6%

$1,46464.9%

$7,832,7156.4%

Per Capita $130,232$5,219,564,260

90%

Aa218.8914.86

Total Units% Single Unit

As % Existing Units

Median Price

Town County State

Number of SalesLess than $100,000$100,000-$199,999$200,000-$299,999$300,000-$399,999$400,000 or More

NANANANANANA

3923,2053,4942,0864,670

Town County State

Labor Force

Employed

Unemployed

Unemployment Rate

Total Employment

Mfg Employment

Town County StateCommuters into Town from: Town Residents Commuting to:18,265

16,732

1,533

8.4%

144,217

132,813

11,404

7.9%

1,859,934

1,715,398

144,536

7.8%

122,143 1,640,223

NA 163,828

Public Web Computers

Circulation per Capita

Distance to Major Cities

Hartford

Boston

New York City

Providence

Residential UtilitiesElectric Provider

Gas Provider

Water Provider

Cable ProviderThames Valley Communications, Inc860-446-4009

Groton Utilities Water Division(860) 446-4000

Yankee Gas Company(800) 989-0900

Groton Utilities Electric Division(860) 446-4000

45

86

110

46

80

11

2,063 2,433

Town

25.4%

-0.3% 0.2%

5 39 955

NA $238,000 $291,00023.9% 30.1% 30.2%

33243272126117

791 13,847

20

0.11%

291

0.24%

4,669

0.31%

17,828 120,752 1,485,44555.8% 69.4% 64.6%

Miles

Total Revenue (2012)

Per Capita Tax (2012)

Total Expenditures (2012)

Total Indebtness (2012)

Annual Debt Service (2012)

Eq. Net Grand List (2010)

Moody's Bond Rating (2012)Actual Mill Rate (2012)Equalized Mill Rate (2012)% of Grand List Com/Ind (2010)

Housing Stock (2012)

New Permits Auth. (2012)

Demolitions (2012)

House Sales (2011)

Distribution of House Sales (2011)

Place of Residence (2013)

Crime Rate (2012)

Library (2013)

Per 100,000 Residents

2000-'13 AAGR

www.cerc.com No representation or warranties, expressed or implied, are given regarding the accuracy of this information.

GrotonConnecticut

Government

Housing/Real Estate

Labor Force

Other Information

Town Profiles October, 2014. Page 2

Connecticut Commuters (2011)

Built Pre 1950 share (2012)

Place of Work (2013)

As % Total Dwellings8,031 72,837 929,560

3,666 12,166 161,379

Owner Occupied Dwellings (2012)45% 60% 63%

Subsidized Housing (2012)

1,067 7,065 113,697Units

14,244

25,706

-0.3%

State

Temporary Assistance

Food Stamps

312

3,683

Families Receiving (2014)

Population Receiving (2014)

Groton 5,225

New London 1,402

Stonington 1,032

Ledyard 930

Waterford 646

Montville 637

Norwich 594

Hartford 289

East Lyme 265

Groton 5,225

Ledyard 1,621

Stonington 1,604

Waterford 1,358

New London 1,337

Norwich 1,245

East Lyme 1,235

Montville 1,151

Griswold 520