1 Waterview Dr Shelton, CT 06484-4368
This exceptional two-story office building, located at 1 Waterview Drive in Fairfield County, offers a prime opportunity for businesses seeking flexible and modern workspace. The property boasts a total of 94,800 square feet, with a minimum divisible space of 6,410 square feet. Currently, there is 9,186 square feet of first-floor space available for sublease, fully furnished. This sublease offers the potential for expansion up to an additional 40,570 contiguous square feet. The lease rate is $16.50 per square foot gross, plus electricity, with a six-year term available, and additional terms potentially negotiable with the landlord. The building is conveniently located one mile from Exit 13 of Route 8 and minutes from the Merritt Parkway, providing easy access to major transportation arteries. Amenities include a spectacular new lobby, a patio ideal for outdoor dining and company events, newly renovated restrooms, a fitness center with showers, redundant fiber optics, an emergency generator, and a concierge service. The building also features granite finishes, a large conference room, and offers a superb corporate image. The property sits on a generous 14.8-acre lot. This is an excellent opportunity to secure high-quality office space in a desirable location with a comprehensive suite of amenities.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PDD2 · Shelton, CTShelton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.