Single-Story Flex
39 Lindeman Drive Trumbull, CT 06611
39 Lindeman Drive, Trumbull, CT, 06611
Contact for pricing
For Sale
Contact for pricing
Owner-occupied flex building offers fully air-conditioned space with 12' clear height and two loading docks.
Property Size22,188 SF
Lot Size2.00 Acres
Price / SF$132.95
Days on Market174
Property Features for 39 Lindeman Drive
General Information
- Standard status
- Active
- Size
- 22,188 SF
- Lot size
- 2.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1983
Listing agency
Cushman & Wakefield - Stamford, Connecticut
(203) 326-5854
Listed by
Kevin Foley · License #CT RES.0800119
Source
Crexi
Added: Jan 28 Updated: Jul 20 at 5:03PM Checked: Jul 21 at 11:20AM
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.
Owner-occupied single-story flex building totaling 22,189 square feet of fully air-conditioned multipurpose space. The property offers 12' clear height and includes two loading docks to support light operations. It sits on two level acres.
Zoned IL-2, the building accommodates a wide range of uses, including educational/clinics, production, and packaging operations. Special permits may further expand allowed uses to include self storage, day care, and customer services/business.
The overall configuration is designed to support flexible day-to-day use within an air-conditioned industrial flex environment.
Zoned IL-2, the building accommodates a wide range of uses, including educational/clinics, production, and packaging operations. Special permits may further expand allowed uses to include self storage, day care, and customer services/business.
The overall configuration is designed to support flexible day-to-day use within an air-conditioned industrial flex environment.
Key Highlights
- Owner‑occupied single‑story flex building built in 1983 with 22,189 SF of fully air‑conditioned multipurpose space
- 12' clear height with 2 loading docks for loading and distribution needs
- Zoned IL‑2, allowing a wide range of uses including educational/clinics, production, and packaging operations
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $316.8k | $14.28 |
| − Vacancy | −$19.0k | −$0.86 |
| EGI | $297.8k | $13.42 |
| − OpEx | −$89.4k | −$4.03 |
| NOI | $208.5k | $9.40 |
22,188 SF · lease $14.28/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$4.02M
$3.52M – $4.69M
NOI $281,666 @ 7.0% cap · market cap 9.55%
Second Best
Industrial
$2.98M
$2.61M – $3.47M
NOI $208,484 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$6.33M
$5.54M – $7.39M
NOI $443,306 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kennedy Center Senior ...
Social Service Agency
Richard Peksa
Physician
Kenedy Center
Construction Company
Soups & Such
Take-out & Catering
Kennedy Industries
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Soups & Such — 39 Lindeman Dr, Trumbull, CT 06611
FAQs
What type of property is this?
Flex space - Owner-occupied flex building offers fully air-conditioned space with 12' clear height and two loading docks.
Where is this flex space located?
The property is located at 39 Lindeman Drive Trumbull, CT.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Owner‑occupied single‑story flex building built in 1983 with 22,189 SF of fully air‑conditioned multipurpose space; 12' clear height with 2 loading docks for loading and distribution needs; Zoned IL‑2, allowing a wide range of uses including educational/clinics, production, and packaging operations
