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Prime Retail Space Available
For Lease
$18 SF/Yr

507 Danbury Rd, New Milford, CT 06776

6,200 sq. ft. retail space in New Milford, CT.

Space SizeContact for details
Property Size24,905 SF
Lot Size8.21 Acres
Days on Market165

Property Features for 507 Danbury Rd

General Information

Standard status Active
Size 24,905 SF
Lot size 8.21 Acres
Property subtype Commercial

Building Details

Building Size 24,905 SF
Year Built 2006
Listing Agency: Lakeshore Realty
Listed By: Alban Dedvukaj · License #0819188
Source: Elliman
Added: Mar 10 Changed: Aug 10 Last Checked: Aug 21 at 10:08AM

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 Lakeshore Realty

Investment Insights

Based on property information with market context.

This retail space, available for lease, is located at 507 Danbury Road, New Milford, CT. Constructed in 2006, the modern building offers 6,200 sq. ft. of versatile retail space. The property features excellent visibility and frontage, providing maximum exposure. An additional lot is available for storage, enhancing the functionality of the space. This property is suitable for a major tenant looking to establish a significant presence in the New Milford market, and is ideal for a showroom or retail establishment.

Key Highlights

  • Prime retail space with excellent visibility and frontage on Danbury Road.
  • Spacious 6,200 sq. ft. layout suitable for showroom or retail.
  • Strategic location in the New Milford market.

Property Analytics

Current Use

Tom's shop Auto Repair Shop TommyfYeah Shop Auto Repair Shop Scooters Bar & Grill Restaurant NO:LIMIT HEALTH & FITNESS ... Gym & Fitness Center Brookfield Bay Marina ... Shopping Center & Mall

Suggested Use

Top Pick Dental Office Spa & Massage Center Storage Facility Nail Salon HVAC Service Plumbing 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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 06776, CT

26,848
Population
11,120
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
95%
High-School Grad
56.2 sq mi
ZIP Area
478
Density / Sq Mi
$102,240
Median Household Income
$50,407
Median Earnings
$1,598
Median Rent
$380,800
Median Home Value

Market

Lease Benchmarks for New Milford, CT

$17.25 /SF/Yr
Avg Asking Price
$7.06–$25.94 /SF/Yr
Price Range
7,570 SF
Avg Space Size

This space is priced 4% above the average of $17.25 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 6,200 sq. ft. retail space in New Milford, CT.
Where is this retail space located?
The property is located at 507 Danbury Rd New Milford, CT.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime retail space with excellent visibility and frontage on Danbury Road.; Spacious 6,200 sq. ft. layout suitable for showroom or retail.; Strategic location in the New Milford market.
More about this property
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