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    10 Research Pkwy Wallingford, CT 06492

    Sponsored
    For Lease
    $18 SF/Yr

    Modern Flex Space, 1,300-16,500 SF

    Lot size:
    69,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 69,000-square-foot building, situated on 15.9 acres in Wallingford, CT, offers premier flex space for lease. Multiple suites are available, ranging from 1,300 to 16,500 contiguous square feet, adaptable to various needs, from modern office spaces to high-tech manufacturing facilities. The single-story building, constructed in 1990 and extensively renovated in 2019, boasts a 10-foot ceiling height and a state-of-the-art building automation system encompassing LED lighting, HVAC, and access control. High-speed fiber is already installed. The property features eight total suites and benefits from tax incentives. Expansion options are available for both the building and the parking lot, which includes electric vehicle charging stations. Wallingford offers the lowest electricity costs in the region, and this location provides convenient access to I-91 (Exit 15), with a short commute to both New Haven and Hartford. The property is zoned commercial and is ideal for businesses seeking flexible, modern, and efficient space in a prime Connecticut location. The minimum divisible space is 1,300 square feet.

    Property Features for 10 Research Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    69,000 SF
    Total Rate
    107812.5

    Building Details

    Year Built/Renovated
    1990/2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1,300 SF
    Size
    1,300 SF
    Rate per SF
    $18
    Space
    8,565 SF
    Size
    8,565 SF
    Rate per SF
    $18
    Space
    7,957 SF
    Size
    7,957 SF
    Rate per SF
    $18
    Space
    4,295 SF
    Size
    4,295 SF
    Rate per SF
    $18

    HighLights

    • Premier flex space available for lease.
    • 22,117 square feet available, divisible into 16,522 SF and 5,595 SF suites.
    • Suite sizes include 7,957 SF, 8,565 SF, 1,300 SF, and 4,295 SF.
    • Suitable for light manufacturing, assembly, or office use.
    • Equipped with a 2019 building automation system for LED lighting, HVAC, and access control.
    • High‑speed fiber internet is installed.
    Property Profile Location Intelligence

    Current Use by Public Records

    PPI Benefit Solutions Insurance Agency Acrisure Wallingford, CT ... Auto Insurance Agency Acrisure Private Risk ... Insurance Agency

    Suggested Use

    Law Firm Spa & Massage Building Supply Wholesale Shop Clothing Store Auto Parts Store Hotel & Motel Department Store Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.762955902921
    Latitude
    41.487746790559

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    FAQs

    What type of property is this?
    Life science property - Modern Flex Space, 1,300-16,500 SF
    Where is this life science property located?
    The property is located at 10 Research Pkwy Wallingford, CT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Premier flex space available for lease.; 22,117 square feet available, divisible into 16,522 SF and 5,595 SF suites.; Suite sizes include 7,957 SF, 8,565 SF, 1,300 SF, and 4,295 SF.
    Request Owner's contact information
    10 Research Pkwy Wallingford, CT 06492
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    Wallingford, CT 06492
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Research Pkwy Wallingford, CT 06492
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