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Industrial Flex Condo with Loading Docks
For Lease
$9 SF/Yr

362 Industrial Park Road #5, Middletown, CT 06457

Office-forward commercial space with warehouse capacity, IT zoning, and three-phase electrical service.

Space SizeContact for details
Days on Market39

Property Features for 362 Industrial Park Road #5

General Information

Standard status Active
Zoning IT

Building Details

Year Built 1988
Listing Agency: Coldwell Banker Commercial NRT
Listed By: Brandon Rush · License #RES.0824703
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 29 Last Checked: Aug 30 at 1:33PM

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

Investment Insights

Based on property information with market context.

Industrial condo Unit 5 provides 8545 square feet configured for office and warehouse functions. The layout includes more than 5,000 square feet of office space, more than 3,000 square feet of warehouse area, 15 private offices, and three bathrooms. ADA accessibility, gas central heating and cooling, and 440 amp three-phase power are installed. Two loading docks support warehouse access and distribution activity.

Located at 362 Industrial Park Road in Middletown, the property is within an industrial park with access to I-91. Zoned IT (Interstate Trade), the 1988-built unit is available for both sale and lease.

Key Highlights

  • 8545‑square‑foot industrial condo unit
  • More than 5,000 square feet of office space and more than 3,000 square feet of warehouse space
  • 15 private offices and three bathrooms

Property Analytics

Current Use

Artis Energy Solutions Production Facility In-Store Opportunities Industrial Manufacturer Skyline Exhibits & Graphics Marketing & Advertising Lord & Hodge Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Repair Shop Building Supply Spa & Massage Center

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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Middletown, CT

$11.43 /SF/Yr
Avg Asking Price
$9–$13.13 /SF/Yr
Price Range
4,373 SF
Avg Space Size

This space is priced 21% below the average of $11.43 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office-forward commercial space with warehouse capacity, IT zoning, and three-phase electrical service.
Where is this flex space located?
The property is located at 362 Industrial Park Road #5 Middletown, CT.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 8545‑square‑foot industrial condo unit; More than 5,000 square feet of office space and more than 3,000 square feet of warehouse space; 15 private offices and three bathrooms
More about this property
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