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Mixed-Use Complex with Flex Space

1 15 & 21 Executive Center Drive, New Milford, CT 06776

For Sale
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Three buildings contain adaptable suites for retail, office, warehouse, and flex uses.

Property Size20,573 SF
Lot Size3.40 Acres
Price / SF$131.24
Days on Market12

Property Features for 1 15 & 21 Executive Center Drive

General Information

Standard status Active
Size 20,573 SF
Lot size 3.40 Acres
Property subtype Retail, Office, Industrial
Zoning I Zone

Site & Location

Traffic Count 32,000 vehicles/day
Highway Access Yes
Road Access Yes
Mixed-Use Components retail, office, warehouse

Additional Details

Property Use Mixed Use

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Coldwell Banker Commercial NRT Danbury
Listed By: Daniel Sousa · License #CT REB.0791665
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 3:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial NRT Danbury

Rey
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Investment Insights

Based on property information with market context.

This 20,573-square-foot mixed-use complex spans 3.4 acres and includes three buildings with retail, office, warehouse, and flex space. Suites are available individually or can be combined, supporting a range of space configurations. The property is in the “I” Zone, where retail, office, warehouse, and manufacturing uses are permitted subject to site plan approval.

The complex fronts Danbury Road (U.S. Route 7) in New Milford, next to Stop & Shop and Walmart. The corridor carries approximately 32,000 vehicles per day and serves as the town’s primary retail destination.

Key Highlights

  • 20,573 SF across three buildings on 3.4 acres
  • Retail, office, warehouse, and flex suites can be leased individually or combined
  • “I” Zone permits retail, office, warehouse, and manufacturing, subject to site plan approval

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shape-Up Nutrition Restaurant JEMA Nail & Spa Nail Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Storage Facility Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 06776, CT

26,848
Population
11,120
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
95%
High-School Grad
56.2 sq mi
ZIP Area
478
Density / Sq Mi
$102,240
Median Household Income
$50,407
Median Earnings
$1,598
Median Rent
$380,800
Median Home Value
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Market

Average Price Trend$/SF for Mixed-use properties in Litchfield County, CT

$184 Jul
$144 Aug
$162 Sep
$151 Oct

Properties on Market for Mixed-use properties in Litchfield County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three buildings contain adaptable suites for retail, office, warehouse, and flex uses.
Where is this mixed-use property located?
The property is located at 1 15 & 21 Executive Center Drive New Milford, CT.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 20,573 SF across three buildings on 3.4 acres; Retail, office, warehouse, and flex suites can be leased individually or combined; “I” Zone permits retail, office, warehouse, and manufacturing, subject to site plan approval
(203) 948-7870 · Office Call to check price and availability
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