Two-Story Office
For Sale
Contact for pricing
10 Progress Dr, Shelton, CT 06484
Two-story office building totaling approximately 48,000 SF in Shelton’s Research Office Park.
Property Size48,000 SF
Days on Market120
Property Features for 10 Progress Dr
General Information
Standard status
Active
Size
48,000 SF
Property subtype
Office
Occupancy
60%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Stamford, Connecticut
Listed By:
Matt Torrance · License #CT RES.0795522
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 6:10PM
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 Cushman & Wakefield - Stamford, Connecticut
Investment Insights
Based on property information with market context.
Two-story office building totaling approximately 48,000 SF, centrally sited within Shelton’s Research Office Park. The property is 60% leased, including Mutual Security Credit Union (12,615± SF) and Griffin Hospital (7,766± SF), providing in-place occupancy while also leaving available space for lease-up or for an owner-occupant strategy.
Convenient access is supported by proximity to Route 8, within about a 5-minute drive, and Bridgeport Avenue, within about 2 minutes. The setting is described as an office campus environment with nearby amenities.
The building offers a multi-tenant platform with existing credit tenancy and the ability to accommodate additional demand through the remaining vacant portion.
Convenient access is supported by proximity to Route 8, within about a 5-minute drive, and Bridgeport Avenue, within about 2 minutes. The setting is described as an office campus environment with nearby amenities.
The building offers a multi-tenant platform with existing credit tenancy and the ability to accommodate additional demand through the remaining vacant portion.
Key Highlights
- For sale: 10‑12 Progress Drive in Shelton, Connecticut for $3,950,000
- Two‑story office building totaling approximately 48,000 SF in Shelton’s Research Office Park
- Property is 60% leased, providing in‑place cash flow with remaining space available
Property Analytics
Current Use
Lease Details
60%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
Explore this area
Business Placement
Demographics for 06484, CT
40,869
Population
16,578
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
94%
High-School Grad
30.6 sq mi
ZIP Area
1,336
Density / Sq Mi
$114,739
Median Household Income
$62,338
Median Earnings
$1,661
Median Rent
$435,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building totaling approximately 48,000 SF in Shelton’s Research Office Park.
Where is this office building located?
The property is located at 10 Progress Dr Shelton, CT.
What are key features of this property?
This property features: For sale: 10‑12 Progress Drive in Shelton, Connecticut for $3,950,000; Two‑story office building totaling approximately 48,000 SF in Shelton’s Research Office Park; Property is 60% leased, providing in‑place cash flow with remaining space available
