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252-262 Depot Rd
66,931 SF 66% Leased Flex Building Milford, CT 06460 $14,174,200 CAD ($212 CAD/SF)
Executive Summary
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,237,975
|
$17.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$110,559
|
$1.61
|
| Effective Gross Income |
$1,127,416
|
$16.38
|
| Taxes |
$64,734
|
$0.94
|
| Operating Expenses |
$12,785
|
$0.19
|
| Total Expenses |
$77,519
|
$1.13
|
| Net Operating Income |
$1,049,897
|
$15.25
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,237,975 |
| Annual Per SF | $17.98 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $110,559 |
| Annual Per SF | $1.61 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,127,416 |
| Annual Per SF | $16.38 |
| Taxes (CAD) | |
|---|---|
| Annual | $64,734 |
| Annual Per SF | $0.94 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,785 |
| Annual Per SF | $0.19 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $77,519 |
| Annual Per SF | $1.13 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,049,897 |
| Annual Per SF | $15.25 |
Property Facts
| Price | $14,174,200 CAD | Rentable Building Area | 66,931 SF |
| Price Per SF | $212 CAD | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1977 |
| Property Type | Flex | Parking Ratio | 1.18/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 23 ft |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 4.67 AC | No. Drive In / Grade-Level Doors | 1 |
| Price | $14,174,200 CAD |
| Price Per SF | $212 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 4.67 AC |
| Rentable Building Area | 66,931 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.18/1,000 SF |
| Clear Ceiling Height | 23 ft |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Conferencing Facility
- Courtyard
- Mezzanine
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Car Charging Station
- Recessed Lighting
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Wholesaler
- 42,456 SF
- $14.18 CAD
- Modified Gross
- Nov 2031
Bienvenue à New England Gypsum (NEG), Karpp, & Trowel Trades Supply, qui abrite l'une des plus grandes sélections de matériaux de construction et de fournitures de construction de qualité en Nouvelle-Angleterre. Fondée en 2018, New England Gypsum (NEG) a connu une croissance rapide, devenant ainsi un partenaire de confiance pour les clients locaux de la construction résidentielle et commerciale. NEG dessert des clients de la Nouvelle-Angleterre par l'entremise de ses chantiers de fournitures de construction situés dans le Connecticut (Hartford, Milford), le Maine (South Portland) et le New Hampshire (Manchester).
-
- Arts, Entertainment, and Recreation
- 3,670 SF
- $24.15 CAD
- Modified Gross
- Apr 2031
Revolution Basketball Training, situé à Manchester et Milford, CT forme les athlètes à gérer et à développer leurs compétences grâce au perfectionnement des compétences de basketball individuel, intense et innovant (le « Triple I ») en petit groupe avec un régime d'entraînement constant. Revolution met en vedette des spécialistes des compétences en basketball qui enseignent et démontrent le perfectionnement des compétences de haut niveau en décomposant le jeu de jambes, le positionnement du corps, le maniement du ballon et les mécanismes de tir avec intensité, vitesse et répétition pour aider les athlètes à réussir dans leur propre jeu.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Wholesaler | 42,456 SF | $14.18 CAD | Modified Gross | Nov 2031 | |
|
|
Arts, Entertainment, and Recreation | 3,670 SF | $24.15 CAD | Modified Gross | Apr 2031 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
252 Depot Road is a versatile, dual-tenant flex facility in Milford, Connecticut's well-established Depot Road Business District. Spanning 26,386 square feet, the two-story flex building is versatile, with Revolution Basketball Training currently occupying 3,514 square feet of space. The remaining availability consists of 87% of the 252 Depot Road building and offers corporate-quality office, warehouse, and storage space.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,500-22,872 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 6,500-22,872 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 6,500-22,872 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
252 Depot Road is a versatile, dual-tenant flex facility in Milford, Connecticut's well-established Depot Road Business District. Spanning 26,386 square feet, the two-story flex building is versatile, with Revolution Basketball Training currently occupying 3,514 square feet of space. The remaining availability consists of 87% of the 252 Depot Road building and offers corporate-quality office, warehouse, and storage space.
DEMOGRAPHICS
Regional Accessibility
zoning
| Zoning Code | Limited Industrial (The attachment section contains a Zoning list of permitted and potential conditional uses for the Limited Industrial zone.) |
| Limited Industrial (The attachment section contains a Zoning list of permitted and potential conditional uses for the Limited Industrial zone.) |
Sale Advisor
Sale Advisor
-
Yisroel Teitlebaum - MNBD LLC
Presented by
MNBD LLC
252-262 Depot Rd
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