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Two-Tenant Industrial Building For Rent
For Lease
$1,150,000

700 Sherman Ave, Hamden, CT 06514

13,464 SF industrial building on 1.82 acres for rent.

Space SizeContact for details
Property Size13,464 SF
Lot Size1.82 Acres
Days on Market95

Property Features for 700 Sherman Ave

General Information

Standard status Active
Size 13,464 SF
Lot size 1.82 Acres

Taxes and HOA fees

Annual Taxes $27,295
Listing Agency: Colonial Properties Inc
Listed By: Michael Richetelli · License #REB.0751325
Source: Exprealty
Added: May 6 Changed: Aug 8 Last Checked: Aug 7 at 10:50AM

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.

This 13,464 square foot two-tenant light industrial building is situated on 1.82 acres. The well-maintained property features ceiling heights ranging from 14 to 18 feet. It includes two loading docks and one drive-in door. The property has visibility and frontage along Sherman Avenue and offers access to major roadways and nearby amenities. The site size presents potential for future building expansion.

Key Highlights

  • 13,464 SF two‑tenant light industrial building on 1.82 acres
  • Potential for future building expansion
  • Stable tenancy providing immediate investment income

Property Analytics

Current Use

RPA Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Auto Parts Store Big Box & Wholesale 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby
Balanced
Demand for This Use

Demographics for 06514, CT

26,613
Population
11,388
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
11.1 sq mi
ZIP Area
2,398
Density / Sq Mi
$85,227
Median Household Income
$46,594
Median Earnings
$1,633
Median Rent
$250,300
Median Home Value

Market

Lease Benchmarks for Hamden, CT

$12 /SF/Yr
Avg Asking Price
$2.07–$32.85 /SF/Yr
Price Range
25,629 SF
Avg Space Size

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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Similar Off Market Nearby

  • Lombard Motors Hamden 61 Overlook Dr, Hamden, CT 06514
  • CubeSmart Self Storage 785 Sherman Ave, Hamden, CT 06514, United States
  • Hamden Self Storage 34 Raccio Park Rd, Hamden, CT 06514

Frequently Asked Questions

What type of property is this?
Warehouse - 13,464 SF industrial building on 1.82 acres for rent.
Where is this warehouse located?
The property is located at 700 Sherman Ave Hamden, CT.
What is the lease rate?
The lease rate is $1,150,000.
What are key features of this property?
This property features: 13,464 SF two‑tenant light industrial building on 1.82 acres; Potential for future building expansion; Stable tenancy providing immediate investment income
More about this property
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