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Four-Suite Office Property
New
For Lease
$25 SF/Yr

50 Cherry Street, Milford, CT 06460

Flexible office suites serve professional, administrative, and service-oriented businesses in a mixed-use complex.

Space Size1,345 SF - 2,850 SF
Days on Market4

Property Features for 50 Cherry Street

General Information

Standard status Active
Size 1,345 SF - 2,850 SF
Net Rentable 1,345 SF
Property subtype Commercial

Space & Availability

Available Space 1,345-2,850 SF
Space Use Office

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

Central air
Asphalt Shingle Roof
Central Air Cooling
Hot Air Heating

Building Details

Year Built 1986
Listing Agency: Colonial Properties Inc
Listed By: FRED MESSORE · License #REB.0794161
Source: Corcoran
Added: Aug 14 Changed: Aug 17 Last Checked: Aug 17 at 3:55AM

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 Colonial Properties Inc

Investment Insights

Based on property information with market context.

Four professional office suites are available within a mixed-use complex, with individual spaces ranging from 1,345 to 2,850 SF. The property contains 5038 SF and was constructed in 1986. Suite configurations are suited to professional, administrative, and service-oriented business operations, providing options for occupants seeking office space in a maintained commercial setting.

The property is located at 50 Cherry Street in Milford, Connecticut, with access to downtown, the train station, I-95, and the Merritt Parkway. Its setting within a professional office and business district places the suites among other commercial uses and supports convenient regional connectivity.

Key Highlights

  • Four (4) professional office suites available
  • Suite sizes range from 1,345 to 2,850 SF
  • 5038 SF property constructed in 1986

Property Analytics

Current Use

Edmund Q. Collier, ... Law Firm RJ Testo & Associates Consultant Dr. Michael Rayher Physician Lighthouse Vision Physician Dr. Stephen Dincher Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Parking Lot & Garage Daycare Center Pet Store Pet Store & Service

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,988
Businesses Nearby

Demographics for 06460, CT

37,310
Population
17,800
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,009
Density / Sq Mi
$106,776
Median Household Income
$66,334
Median Earnings
$1,804
Median Rent
$372,900
Median Home Value

Market

Lease Benchmarks for Milford, CT

$16.87 /SF/Yr
Avg Asking Price
$3.48–$28.24 /SF/Yr
Price Range
4,641 SF
Avg Space Size

This space is priced 48% above the average of $16.87 /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?
Office units - Flexible office suites serve professional, administrative, and service-oriented businesses in a mixed-use complex.
Where is this office units located?
The property is located at 50 Cherry Street Milford, CT.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Four (4) professional office suites available; Suite sizes range from 1,345 to 2,850 SF; 5038 SF property constructed in 1986
More about this property
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