35 Corporate DrTrumbull, CT 06611

Property Details for 35 Corporate Dr

Year built

1987

Construction

STEEL FRAME

Lot size

4.70 AC

Property size (Sq ft)

58,817 SF

Zone code

IL2

Property type

Other commercial real estate

Property subtype

Showrooms

APN

TRUM M:E-01 L:00033 U:000

APU

TRUMME01L00033U000

Description

This exceptional three-story medical office building, located at 35 Corporate Drive in Trumbull, Connecticut (zip code 06611), offers a unique opportunity for medical professionals. The building totals 58,817 square feet and boasts a striking three-story atrium filled with natural light and abundant greenery. Currently, there are multiple suites available, ranging from a minimum of 6,177 square feet to a maximum contiguous space of 11,402 square feet, with a total of 42,840 square feet currently vacant. The building was constructed in 1987 and features elevators for convenient access to all three floors. Its prime location on Corporate Drive provides exceptional accessibility, with direct access to the Monroe Turnpike, less than one mile to the Route 25 connector, and only 5.5 miles to the Merritt Parkway. This property is situated in the Fairfield County submarket, specifically within the Fairfield County/Westchester County cluster, offering excellent visibility and convenient access for patients and staff. The building currently houses established medical practices, creating a collaborative and thriving medical environment. This is an ideal opportunity to establish or expand your medical practice in a highly desirable and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $14,294,584

  6.5%

  $13,195,001

  7%

  $12,252,501

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,366,274

  Geo Method

  $19,366,274

• Alternative Use

  Use

  Valuation

  Residential

  $11,130,477

  Hospitality

  $10,195,457

  Educational

  $8,482,501

  Medical

  $8,774,227

  Retail

  $13,195,001

Location Insight

City

Trumbull

County

Fairfield

State

Connecticut

Latitude

41.2971

Longitude

-73.2253

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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