4 Tower Drive — Sale in Wallingford, CT

  • Price: $2M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Wallingford, CT 06492

Photos

4 Tower Drive — Sale in Wallingford, CT, photo 1 of 8
4 Tower Drive — Sale in Wallingford, CT, photo 2 of 8
4 Tower Drive — Sale in Wallingford, CT, photo 3 of 8
4 Tower Drive — Sale in Wallingford, CT, photo 4 of 8
4 Tower Drive — Sale in Wallingford, CT, photo 5 of 8
4 Tower Drive — Sale in Wallingford, CT, photo 6 of 8
4 Tower Drive — Sale in Wallingford, CT, photo 7 of 8
4 Tower Drive — Sale in Wallingford, CT, photo 8 of 8

Description

±26,200 SF, 46% Leased, Single-Story Flex Property on 7.06 Acres within the Barnes Industrial Park CBRE, Inc. is pleased to offer for sale 4 Tower Drive, a ±26,200 SF, single-story flex building on 7.06-acres in Wallingford, Connecticut. The building is 46% leased by CMC Energy Services, a leading provider of energy efficiency management services with operations in seven states. In Connecticut, CMC is an authorized contractor for the Energize Connecticut initiative and the primary residential energy conservation contractor for the town of Wallingford. CMC‘s lease expires October 31, 2028 and offers two 3-year renewal options at a fair market rate. 4 Tower Drive is well located in the Barnes Industrial Park, minutes from Interstate 91 (Exit 15) and the Wilbur-Cross Parkway/Route 15 (Exit 66). Tower Drive is a cul-de-sac accessed via Sterling Drive. This secluded setting provides above average privacy for tenants with the potential for secured fencing and gated entry. The multi-tenant flex building features above standard power (1,600amp/480v), 12‘ clear ceiling height, one loading dock, one drive-in door, a 6,500 SF computer room with raised flooring, strong cooling capacity with twin cooling towers, UPS system, generator, fiber, secure keycard access and 105 surface parking spaces. This offering represents the opportunity for an investor, developer, or owner-occupant to acquire a flex property with excellent in-place infrastructure, acreage, and superior highway access. Currently 46% leased with ±14,200 SF available, 4 Tower Drive is ideally positioned for an owner-occupant or value add investor with potential growth of NOI through the lease up of available space. The property is being marketed for sale at an asking price of $1,950,000.

Market Context

This industrial in Wallingford, CT is listed for sale at $1,950,000. Compare it against other industrial listings for sale in Wallingford, CT — view the full market.

Contact

Explore this market

Similar Industrial Property for Sale in Connecticut