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Multi-Building Flex Space Campus
For Lease
$3,880,000

846 S Colony Rd, Wallingford, CT 06492

Property combines retail, automotive operations, flex space, and residential income components.

Space SizeContact for details
Days on Market43

Property Features for 846 S Colony Rd

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $20,268
Listing Agency: Advise Realty Services
Listed By: Vincenzo Valentino · License #REB.0794313
Source: Exprealty
Added: Jul 9 Changed: Aug 18 Last Checked: Aug 19 at 12:06PM

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 Advise Realty Services

Investment Insights

Based on property information with market context.

This multi-building commercial campus occupies approximately 2.04 acres and combines several distinct property components. The configuration includes retail space, automotive sales, automotive service, flex space, and residential income uses. Existing automotive facilities and a used car dealer license are also part of the property profile.

The campus is located at 846 S Colony Rd in Wallingford, Connecticut, with frontage along South Colony Road. Its varied building program brings commercial and residential income components together on one site, accommodating users evaluating automotive, retail, flex, or mixed-use operations.

Key Highlights

  • Multi‑building commercial campus on approximately 2.04 acres
  • Retail, automotive sales, automotive service, flex space, and residential income components
  • Existing automotive facilities included

Property Analytics

Current Use

Redbox Cinema higi Physician ShopRite of Wallingford Grocery & Convenience Store

Suggested Use

Top Pick Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Tanning Salon

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

1,164
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Wallingford, CT

$12.43 /SF/Yr
Avg Asking Price
$10.5–$14.29 /SF/Yr
Price Range
8,824 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
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Similar Off Market Nearby

  • Bourassa Catering & Events 665 N Colony Rd, Wallingford, CT 06492
  • Moe's Southwest Grill 970 N Colony Rd, Wallingford, CT 06492

Frequently Asked Questions

What type of property is this?
Flex space - Property combines retail, automotive operations, flex space, and residential income components.
Where is this flex space located?
The property is located at 846 S Colony Rd Wallingford, CT.
What is the lease rate?
The lease rate is $3,880,000.
What are key features of this property?
This property features: Multi‑building commercial campus on approximately 2.04 acres; Retail, automotive sales, automotive service, flex space, and residential income components; Existing automotive facilities included
More about this property
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