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    765 Straits Tpke Middlebury, CT 06762

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    For Lease
    Contact for pricing

    32,000 SF Office Building Available

    Lot size:
    32,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 32,000 square foot Class B office building, constructed in 2003, presents a unique leasing opportunity in Middlebury, Connecticut. Ideally situated off I-84, this two-story building offers unparalleled convenience and accessibility. The property boasts a generous 125 parking spaces, providing a comfortable 4:1,000 square foot parking ratio for tenants and their guests. Currently, the entire 32,000 square feet is available for lease, divisible into two equally sized 16,000 square foot floor plates, each offering a 12-foot ceiling height. This makes it perfect for a variety of office configurations and tenant needs. The building's location within New Haven County places it amongst a thriving mix of retail, medical, and office businesses, creating a dynamic and convenient environment for employees and clients alike. The multiple tenancy structure allows for flexibility and potential for shared amenities. This is a rare opportunity to secure a substantial, well-located office space in a highly desirable area. The building's size and layout offer significant potential for a single large tenant or the possibility of dividing the space to accommodate multiple smaller businesses. Don't miss this chance to establish your business in this prime location.

    Property Features for 765 Straits Tpke

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,000 SF
    Class
    B

    Building Details

    Year Built
    2003
    Stories
    2

    Unit(s) available at that property

    Space
    1st Floor
    Size
    16,000 SF
    Space
    2nd Floor
    Size
    16,000 SF

    HighLights

    • 32,000 SF Class B office building in Middlebury, CT.
    • Two 16,000 SF contiguous suites available for lease.
    • Located off I‑84 with excellent access.
    • 125 parking spaces (4/1000 SF ratio).
    • Built in 2003, two stories with 12' ceilings.
    • Located in New Haven County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dynobite Smiles Dentist Raven Roberts Henderson Dentist POSITIVE ENERGY ELECTRICITY ... Contractor Luv Zen Spa Spa International Union Labor Union

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0872418
    Latitude
    41.529969

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    FAQs

    What type of property is this?
    Retail property - 32,000 SF Office Building Available
    Where is this retail property located?
    The property is located at 765 Straits Tpke Middlebury, CT.
    What are key features of this property?
    This property features: 32,000 SF Class B office building in Middlebury, CT.; Two 16,000 SF contiguous suites available for lease.; Located off I-84 with excellent access.
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    765 Straits Tpke Middlebury, CT 06762
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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
    765 Straits Tpke Middlebury, CT 06762
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