Listing Agency: Cushman & Wakefield - Hartford, Connecticut Show Phone

Listed By: Damon Bowers · License #CT RES.0756511

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:10PM

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Investment Insights

Based on property information with market context.

This industrial property is identified as a hi-tech production facility within Medway Industrial Park. The asset is located at 5 Technology Dr in Wallingford, Connecticut, providing a clearly identified industrial setting for prospective users evaluating the property.

Key Highlights

• Hi‑tech production facility
• Located within Medway Industrial Park
• 5 Technology Dr, Wallingford, CT 06492

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Auto Parts Store Electrical Service Hair Salon Plumbing Service HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

97

Businesses Nearby

Explore this area Business Placement

Demographics for 06492, CT

44,606

Population

19,603

Households

2.3

Avg Household Size

45

Median Age

39%

College-Educated

94%

High-School Grad

39.8 sq mi

ZIP Area

1,121

Density / Sq Mi

$101,757

Median Household Income

$57,977

Median Earnings

$1,346

Median Rent

$328,400

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - Production-oriented industrial space situated within Medway Industrial Park.

Where is this industrial property located?

The property is located at 5 Technology Dr Wallingford, CT.

What are key features of this property?

This property features: Hi‑tech production facility; Located within Medway Industrial Park; 5 Technology Dr, Wallingford, CT 06492