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Milford Flex/Warehouse Sublease Opportunity
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500 Bic Dr, Milford, CT 06461

53,593 SF flex/warehouse space available for sublease in Milford, CT.

Space Size156,000 SF
Days on Market2106

Property Features for 500 Bic Dr

General Information

Standard status Active
Size 156,000 SF
Class B
Total Parking Spaces 585
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 156,000 SF
Year Built 1978
Tenancy Multiple

Spaces For Lease

at 500 Bic Dr Contact us

Available Space

Size
156,000 SF
Type
Industrial
Lease Type
NNN
Availability
Active
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Listing Agency: Coldwell Banker Commercial NRT
Listed By: Chris O'Hara
Source: Crexi
Added: Nov 17, 2020 Changed: Aug 23 Last Checked: Aug 22 at 6:14PM

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.

This sublease opportunity features 53,593 square feet of flex/warehouse space at 500 Bic Drive – Building 4 in Milford, CT. The space offers a functional clear height of 15 feet 8 inches, one dock with a mechanical leveler, and a shared drive-in door. The building is fully sprinklered and includes gas-fired heat and full air conditioning. The campus provides 585 shared parking spaces, trailer parking, and an on-site full-service cafeteria. Situated less than one mile from I-95 (Exit 35), the location is suitable for warehouse, manufacturing, or R&D operations seeking regional access.

Key Highlights

  • Excellent Location: Less than 1 mile to I‑95 (Exit 35), providing immediate regional access.
  • Sublease of 53,593 SF flex/warehouse space suitable for warehouse, manufacturing, or R&D.
  • Fully air‑conditioned and sprinklered with gas‑fired heat.

Property Analytics

Current Use

Territory Ahead Clothing Store TRC Companies, Inc. Environmental Consultant DePuma's Gluten Free ... Specialty Food Shop Seasonal Catering Take-out & Catering Premium Home Air ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Auto Parts Store Dental Office

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
$11.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06461, CT

14,734
Population
6,093
Households
2.4
Avg Household Size
47
Median Age
48%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
1,519
Density / Sq Mi
$124,129
Median Household Income
$62,124
Median Earnings
$1,964
Median Rent
$395,800
Median Home Value

Market

Lease Benchmarks for Milford, CT

$9.02 /SF/Yr
Avg Asking Price
$3.48–$17.14 /SF/Yr
Price Range
15,271 SF
Avg Space Size

This space is priced 764% above the average of $9.02 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 53,593 SF flex/warehouse space available for sublease in Milford, CT.
Where is this flex space located?
The property is located at 500 Bic Dr Milford, CT.
What is the lease rate?
The lease rate is $78 SF/Yr.
What are key features of this property?
This property features: Excellent Location: Less than 1 mile to I‑95 (Exit 35), providing immediate regional access.; Sublease of 53,593 SF flex/warehouse space suitable for warehouse, manufacturing, or R&D.; Fully air‑conditioned and sprinklered with gas‑fired heat.
(203) 257-0032 Call to check price and availability
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