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Leased Office Condominium Building
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38 Wellington Road, Milford, CT 06461

Two-story, free-standing office building with glass atrium and a roof replacement completed in 2012.

Property Size40,200 SF
Days on Market150

Property Features for 38 Wellington Road

General Information

Standard status Active
Size 40,200 SF
Property subtype Office
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Stories 2
Tenancy Single
Listing Agency: Angel Commercial LLC
Listed By: Jon Angel · License #REB.0755898
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 4:44AM

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 Angel Commercial LLC

Investment Insights

Based on property information with market context.

This fully leased office condominium is a single-tenant, two-story, free-standing building within the Merritt 95 Office Park. The building includes a glass atrium and features a new roof completed in 2012. The property is 100% leased to the State of Connecticut Department of Children and Families.

The office park is described as manicured and provides abundant parking. The site is located less than a quarter mile from I-95 and the Wilbur Cross Parkway/Merritt Parkway, and is about three miles from the Milford Metro-North Train Station and ten miles from Igor Sikorsky Memorial Airport.

Within the same office park, listed neighbors include Yale New Haven Hospital, Yale Medical Group, and Boy Scouts of America.

Key Highlights

  • Fully leased office condominium in Merritt 95 Office Park, 100% leased to the State of Connecticut Department of Children and Families.
  • Two‑story, free‑standing office building with glass atrium and 40,200 SF of space.
  • New roof completed in 2012.

Property Analytics

Current Use

Department of Child & Families Social Service Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant HVAC Service Big Box & Wholesale Store Electrical Service

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

Demographics for 06461, CT

14,734
Population
6,093
Households
2.4
Avg Household Size
47
Median Age
48%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
1,519
Density / Sq Mi
$124,129
Median Household Income
$62,124
Median Earnings
$1,964
Median Rent
$395,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story, free-standing office building with glass atrium and a roof replacement completed in 2012.
Where is this office building located?
The property is located at 38 Wellington Road Milford, CT.
What are key features of this property?
This property features: Fully leased office condominium in Merritt 95 Office Park, 100% leased to the State of Connecticut Department of Children and Families.; Two‑story, free‑standing office building with glass atrium and 40,200 SF of space.; New roof completed in 2012.
(203) 335-6600 Call to check price and availability
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