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Industrial Condo with Office
For Lease
$650,000

5-362 Industrial Park Rd, Middletown, CT 06457

Industrial condo unit includes 5,000+ SF of office and 3,000+ SF of warehouse with two loading docks and ADA accessibility.

Space SizeContact for details
Days on Market131

Property Features for 5-362 Industrial Park Rd

General Information

Standard status Active
Zoning IT

Warehouse & Industrial

Dock-High Doors 2
Heavy Power Yes

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $18,218
Listing Agency: Coldwell Banker Commercial NRT
Listed By: Brandon Rush · License #RES.0824703
Source: Exprealty
Added: May 6 Changed: Sep 11 Last Checked: Sep 12 at 4:36PM

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 at 362 Industrial Park Road offers a total of 8,545 square feet, combining substantial office space with warehouse area. The office portion includes 15 private offices and three bathrooms, with ADA accessibility throughout. The warehouse portion is supported by two loading docks, 440 amp three-phase power, and gas central heating and cooling.

The property is located within a well maintained industrial park and provides convenient access to I-91. It is zoned IT (Interstate Trade).

Available for lease or sale, this is a move-in ready industrial condo with the power, dock access, and building systems to support a range of operations requiring both office and warehouse space.

Key Highlights

  • Industrial condo unit at 362 Industrial Park Road with 8,545 total SF, including 5,000+ SF office and 3,000+ SF warehouse
  • Office space includes 15 private offices and 3 bathrooms
  • Warehouse features two loading docks for distribution/loading

Property Analytics

Current Use

Flex space

Suggested Use

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

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

2
Dock-high doors
Yes
Heavy power
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

302
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

$10.98 /SF/Yr
Avg Asking Price
$9–$12 /SF/Yr
Price Range
4,988 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial condo unit includes 5,000+ SF of office and 3,000+ SF of warehouse with two loading docks and ADA accessibility.
Where is this flex space located?
The property is located at 5-362 Industrial Park Rd Middletown, CT.
What is the lease rate?
The lease rate is $650,000.
What are key features of this property?
This property features: Industrial condo unit at 362 Industrial Park Road with 8,545 total SF, including 5,000+ SF office and 3,000+ SF warehouse; Office space includes 15 private offices and 3 bathrooms; Warehouse features two loading docks for distribution/loading
More about this property
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