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    718 Colony Rd Wallingford, CT 06492

    Sponsored
    For Lease
    $7 SF/Yr

    Modern Warehouse, Excellent Location, 43,650 SF

    Lot size:
    389,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, part of the Wallingford Business Park, offers a 43,650 square foot warehouse space with an additional 7,550 square feet of office space, ideal for various business needs. The building boasts a 24-foot clear ceiling height, providing ample vertical space for storage and operations. Ten cross-docks facilitate efficient loading and unloading, while a comprehensive sprinkler system ensures safety. The property features 1,000 parking spaces for employees and visitors. Heating and electric are separately metered for cost-effective management. The exterior, heating, and electric systems underwent a complete renovation in 2002. Situated on a substantial 34.6-acre site, this warehouse is part of a larger 389,000 square foot industrial center. The property benefits from its strategic location in the Route 5 district, within an RF-40 zone, providing easy access to major transportation arteries including Routes 68, 5/15, and I-91. Currently, 80,000 square feet of space is available within the larger complex. The triple net (NNN) lease rate is $7 per square foot. This is a rare opportunity to secure a well-maintained, strategically located warehouse space in a thriving industrial park. The property's size, amenities, and location make it an attractive option for businesses seeking efficient and accessible warehouse facilities.

    Property Features for 718 Colony Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    389,000 SF
    Total Rate
    226916.67

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    43,650 SF
    Rate per SF
    $7

    HighLights

    • $7/SF NNN lease rate.
    • 36,100 SF warehouse and 7,550 SF office space available.
    • 10 dock‑high loading positions.
    • Fully sprinklered.
    • 24' clear ceiling height.
    • 1,000 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coastal Pro Transport ... Trucking Company Mark Iv Transportation Trucking Company CCI Logistics LLC Warehouse Reverse Solutions Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.812448
    Latitude
    41.4721

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    FAQs

    What type of property is this?
    Distribution property - Modern Warehouse, Excellent Location, 43,650 SF
    Where is this distribution property located?
    The property is located at 718 Colony Rd Wallingford, CT.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: $7/SF NNN lease rate.; 36,100 SF warehouse and 7,550 SF office space available.; 10 dock-high loading positions.
    Request Owner's contact information
    718 Colony Rd 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
    718 Colony Rd Wallingford, CT 06492
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