Multi-Tenant Industrial
For Sale
Contact for pricing
1280 Newfield St, Middletown, CT 06457
Fee-simple industrial property with Vale Sports Club and Mohawk Manufacturing, plus defined vacancy based on Mohawk’s lease decision.
Property Size67,960 SF
Lot Size13.97 Acres
Days on Market125
Property Features for 1280 Newfield St
General Information
Standard status
Active
Size
67,960 SF
Lot size
13.97 Acres
Property subtype
Industrial
Additional Details
Highway Access
Yes
Listing Agency:
Colliers - Hartford, Connecticut
(860) 616-4020
Listed By:
Ian Hunt · License #0799851
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 4:35PM
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 Colliers - Hartford, Connecticut
Investment Insights
Based on property information with market context.
Fee-simple interest offered in a 67,960 SF industrial building situated on 13.97 acres in Middletown, CT. The property is currently leased to Vale Sports Club (38,212 SF), which has roughly two years remaining on its lease, and Mohawk Manufacturing, with the outcome depending on the buyer’s preference. Mohawk will either execute a five-year lease for roughly 15,000 SF or vacate the property entirely.
Two lease scenarios are presented. In Scenario 1, Vale Sports Club occupies 38,212 SF while Mohawk continues under a five-year term, leaving approximately 14,748 SF vacant. In Scenario 2, Mohawk vacates, increasing available space to approximately 29,748 SF and resulting in lower occupancy. Vale Sports Club’s lease commencement date is listed as 1/13/22. The building is located less than one mile from Rt. 9.
Two lease scenarios are presented. In Scenario 1, Vale Sports Club occupies 38,212 SF while Mohawk continues under a five-year term, leaving approximately 14,748 SF vacant. In Scenario 2, Mohawk vacates, increasing available space to approximately 29,748 SF and resulting in lower occupancy. Vale Sports Club’s lease commencement date is listed as 1/13/22. The building is located less than one mile from Rt. 9.
Key Highlights
- 67,960 SF industrial building on 13.97 acres in Middletown, CT (fee simple interest)
- Vale Sports Club occupies 38,212 SF with lease expiration expected about 2 years from now (LXD 1/13/22)
- Two lease outcomes for Mohawk Manufacturing: 15,000 SF with a 5‑year lease at $4.00 PSF NNN or the tenant vacates
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 06457, CT
46,505
Population
22,138
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
40.7 sq mi
ZIP Area
1,143
Density / Sq Mi
$74,003
Median Household Income
$48,240
Median Earnings
$1,392
Median Rent
$279,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Fee-simple industrial property with Vale Sports Club and Mohawk Manufacturing, plus defined vacancy based on Mohawk’s lease decision.
Where is this manufacturing property located?
The property is located at 1280 Newfield St Middletown, CT.
What are key features of this property?
This property features: 67,960 SF industrial building on 13.97 acres in Middletown, CT (fee simple interest); Vale Sports Club occupies 38,212 SF with lease expiration expected about 2 years from now (LXD 1/13/22); Two lease outcomes for Mohawk Manufacturing: 15,000 SF with a 5‑year lease at $4.00 PSF NNN or the tenant vacates
