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Milford Medical/Office Park Suites
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20 Commerce Park, Milford, CT 06460

Professional medical/office park with suites available for lease.

Space Size2,500 SF - 7,900 SF
Property Size75,000 SF
Days on Market2176

Property Features for 20 Commerce Park

General Information

Standard status Active
Size 2,500 SF - 7,900 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 75,000 SF
Year Built 1973
Tenancy Multiple

Spaces For Lease

at 20 Commerce Park Contact us

Bldg 60 - 1st FL 2,500 SF

Size
2,500 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Bldg 60 - 7,900 SF

Size
7,900 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Bldg 30: 3,552 SF

Size
3,552 SF
Type
Office
Availability
Active
Contact us
Listing Agency: O, R&L Commercial Branford
Listed By: J. Richard Lee · License #CT RES.0766102
Source: Crexi
Added: Sep 5, 2020 Changed: Aug 12 Last Checked: Aug 20 at 2:52PM

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 O, R&L Commercial Branford

Investment Insights

Based on property information with market context.

Commerce Park is a professional medical and office park encompassing approximately 75,000 square feet. Located off Cherry Street in Milford, Connecticut, the property has undergone a multi-year capital improvement campaign. These improvements include expanded parking areas, upgraded windows and facades, and tenant improvements. Suites are available ranging in size from approximately 2,500 to 5,278 square feet. Generous tenant improvement packages are offered. The location provides accessibility from I-95, the Merritt Parkway, and Milford Hospital. The traffic count on Cherry Street averages 12,300 vehicles per day. The lease rate is $25 per square foot plus electric.

Key Highlights

  • Prime location near I‑95, Merritt Parkway, and Milford Hospital, offering excellent accessibility.
  • Recently renovated with multi‑year capital improvements including parking expansion, window/facade upgrades, and tenant improvements.
  • Professional Medical / Office Park environment.

Property Analytics

Current Use

Dr. Ari Pollack Physician Fischer Paul D ... Physician Polished Cement Solution ... Carpet & Flooring Store Gruskay Frank MD Pediatrician Danielle Izzo, APRN Physician

Suggested Use

Top Pick Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Furniture & Home Goods

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,614
Businesses Nearby
Well-served
Demand for This Use

Demographics for 06460, CT

37,310
Population
17,800
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,009
Density / Sq Mi
$106,776
Median Household Income
$66,334
Median Earnings
$1,804
Median Rent
$372,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Animal Clinic of Milford 100 Gulf St, Milford, CT 06460
  • Blasi Valerie L DVM 256 Cherry St, Milford, CT 06460
  • Jeffrey A. Sachar, VMD 256 Cherry St, Milford, CT 06460
  • Cleary Tara-Jean DVM 256 Cherry St, Milford, CT 06460, United States
  • Milford Animal Hospital 256 Cherry St, Milford, CT 06460

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional medical/office park with suites available for lease.
Where is this medical office space located?
The property is located at 20 Commerce Park Milford, CT.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime location near I‑95, Merritt Parkway, and Milford Hospital, offering excellent accessibility.; Recently renovated with multi‑year capital improvements including parking expansion, window/facade upgrades, and tenant improvements.; Professional Medical / Office Park environment.
(203) 483-2040 Call to check price and availability
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