20 Commerce ParkMilford, CT 06460

Property Details for 20 Commerce Park

Year built

2014

Construction

STEEL FRAME

Lot size

1.24 AC

Property size (Sq ft)

17,652 SF

Zone code

CDD1

Property type

Showrooms

APN

MILF M:66 B:813 L:17C-1

APU

MILFM66B813L17C1

Description

This exceptional 75,000 square foot medical office park in Milford, Connecticut, presents a unique investment opportunity. Located at 20 Commerce Park, this five-building complex sits on a 7.57-acre lot and offers multiple suites ranging from 2,500 to 5,278 contiguous square feet. Currently, 16,946 square feet are available for lease. The property boasts a convenient location, easily accessible from I-95 and the Merritt Parkway, with high visibility on Cherry Street (12,300 vehicles per day) and proximity to Milford Hospital. Built in 1973 and extensively renovated in 2016, the property features upgraded windows and facades, expanded parking (5 spaces per 1000 square feet), and is zoned CDD1. The property benefits from a multi-year capital improvement program. Lease rates are $25 per square foot, plus electricity, with generous tenant improvement packages available. This prime location and modern amenities make this an ideal space for medical practices seeking a high-profile presence in a thriving community. The property's multiple buildings allow for flexibility in tenant needs and sizes.

Location Insight

City

Milford

County

New Haven

State

Connecticut

Latitude

41.2292

Longitude

-73.0472

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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