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Versatile Industrial and Office Campus
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44-48 Shelter Rock Rd, Danbury, CT

Office, R&D, industrial, and warehouse space in one campus.

Space Size96,975 SF
Lot Size9.50 Acres
Days on Market335

Property Features for 44-48 Shelter Rock Rd

General Information

Standard status Active
Size 96,975 SF
Lot size 9.50 Acres
Property subtype INDUSTRIAL
Lease Type Modified Gross

Spaces For Lease

at 44-48 Shelter Rock Rd
44-48 Shelter Rock Road - Six-Space Industrial/Flex/Office Campus $10.75 – $13.75/SF/Yr
Size 96,975 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Availability AVAILABLE
44-48 Shelter Rock Road is a four-building industrial, flex/R&D, and office campus offering six lease spaces totaling up to 96,975 square feet. The campus provides approximately 275 parking spaces, IL-40 zoning, and convenient access to I-84 and Route 7. Available October 1, 2026. Available spaces: • 44 Shelter Rock Road - First Floor Tech School: 13,420 SF at $13.75/SF/year modified gross. • 44 Shelter Rock Road - Third Floor Office/R&D: 13,420 SF at $13.75/SF/year modified gross. • 44A Shelter Rock Road - First Floor Low-Bay Flex/R&D: 8,099 SF at $11.25/SF/year modified gross. • 44A Shelter Rock Road - Second Floor Mezzanine Flex/R&D: 7,840 SF at $10.75/SF/year modified gross. • 46 Shelter Rock Road - Heavy Industrial: 10,000-42,996 SF at $10.95-$12.95/SF/year modified gross, with two drive-in doors, approximately 18- to 30-foot ceiling heights, heavy electrical service, and wet sprinklers. • 48 Shelter Rock Road - Free-Standing Butler Building: 11,200 SF at $10.95/SF/year modified gross, with four drive-in doors, limited heat, and some outside storage subject to owner and governmental approvals. All proposed uses are subject to zoning, building-code, fire, occupancy, and other required approvals. Listing information last verified: October 13, 2026.
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Listing Agency: CBRE | Stamford
Listed By: Barbara Stilley
Source: Moodyscre
Added: Nov 24, 2025 Changed: Oct 16 Last Checked: Oct 23 at 9:25AM

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 CBRE | Stamford

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Investment Insights

Based on property information with market context.

The property at 44-48 Shelter Rock Road offers a combination of office, research and development, industrial, and warehouse space within a single corporate campus. The 123,182 square-foot property is situated on 23.54 acres, with 9.444 acres developable. The site is suitable for logistics, distribution, manufacturing, and flex industrial uses. The well-maintained property includes signage, hardscaping, exterior lighting, and a level parking lot. Located minutes from Interstate 84 and Route 7, the property provides access to the Tri-State area. Downtown Danbury and Bethel, with retail, hotel, dining options, and Metro-North train service, are nearby. Danbury is home to Western Connecticut State University and has a trained labor force. The property has a mix of occupied and vacant warehouse, light industrial buildings, and office space, offering an opportunity for value addition through lease-up of vacant spaces. Current site infrastructure and potential rail access enhance the property's appeal.

Key Highlights

  • Strategic location with immediate access to I‑84 and Route 7, providing seamless access to the Tri‑State area.
  • Rare combination of Office/R&D, Industrial, and Warehouse space within one corporate campus.
  • Significant size: 123,182 SF across 23.54 AC with 9.444 AC developable.

Property Analytics

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Open Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Pharmacy 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
$1.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Danbury, CT

$10.81 /SF/Yr
Avg Asking Price
$9.25–$12 /SF/Yr
Price Range
41,483 SF
Avg Space Size

This space is priced 1% below the average of $10.81 /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

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Frequently Asked Questions

What type of property is this?
Warehouse - Office, R&D, industrial, and warehouse space in one campus.
Where is this warehouse located?
The property is located at 44-48 Shelter Rock Rd Danbury, CT.
What is the lease rate?
The lease rate is $10.75 SF/Yr.
What are key features of this property?
This property features: Strategic location with immediate access to I‑84 and Route 7, providing seamless access to the Tri‑State area.; Rare combination of Office/R&D, Industrial, and Warehouse space within one corporate campus.; Significant size: 123,182 SF across 23.54 AC with 9.444 AC developable.
(203) 352-8901 Call to check price and availability
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