For Sale
$6,200,000
38 Wellington Rd Milford, CT 06461
Fully Leased, Stable Income, CT Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Stable income from a long-term lease with the State of Connecticut, extending until 2029.
- High-quality tenant fit-out enhances value and attracts tenants.
- Modern two-story office building with a large atrium, elevators, updated LED lighting, and ample parking (228 spaces).
- Excellent regional accessibility near I-95, Merritt Parkway, Milford Metro-North station, and Sikorsky Airport; located in an office park with strong neighboring tenants (Yale New Haven Hospital, Yale Medical Group, Boy Scouts of America).
- Low-maintenance ownership with a stable, long-term income stream from professional tenants.
Property Details for 38 Wellington Rd
- Property type
- Office properties
- Square Feet
- 39,907 SF
- Class
- A
- Year Built/Renovated
- 1981/2024
- Stories
- 2
- Lot Size (sq. ft)
- 174,240 SF
Location Insight
- City
- Milford
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.25330073889
- Longitude
- -73.074826393014
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Fully Leased, Stable Income, CT Location
- Where is the office property located?
- The property is located at 38 Wellington Rd Milford, CT.
- What is the asking price?
- The asking price for this property is $6,200,000.
- What are key features of this property?
- This property features: Stable income from a long-term lease with the State of Connecticut, extending until 2029.; High-quality tenant fit-out enhances value and attracts tenants.; Modern two-story office building with a large atrium, elevators, updated LED lighting, and ample parking (228 spaces).
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