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    1 Waterview Dr Shelton, CT 06484

    Sponsored
    For Lease
    $198 SF/Yr

    94,800 SF Office Building, Fairfield County

    Lot size:
    94,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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.

    Property Features for 1 Waterview Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,800 SF
    Total Rate
    1564200

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    94,800 SF
    Rate per SF
    $198

    HighLights

    • 94,800 SF two‑story office building in Fairfield County.
    • 14.8‑acre lot.
    • Multiple tenants; 6,410 SF minimum divisible space; one suite available.
    • Currently available: 9,186 SF first‑floor sublease (fully furnished), expandable to 40,570 contiguous SF.
    • Lease rate: $16.50/SF gross (plus electric), 6‑year term (with potential for extension).
    • Amenities include a new lobby, patio, restrooms, fitness center, redundant fiber optics, generator, and concierge service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vibrant Health Food Manufacturer Seasonal Catering LLC Caterer Connecticut Renaissance Inc Non-Profit Organization FedEx Drop Box Mailing Service KORE Associate Group Marketing Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.0871581
    Latitude
    41.2946864

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    FAQs

    What type of property is this?
    Office Property / Space - 94,800 SF Office Building, Fairfield County
    Where is this office property / space located?
    The property is located at 1 Waterview Dr Shelton, CT.
    What is the lease rate?
    The lease rate is $198 SF/Yr.
    What are key features of this property?
    This property features: 94,800 SF two-story office building in Fairfield County.; 14.8-acre lot.; Multiple tenants; 6,410 SF minimum divisible space; one suite available.
    Request Owner's contact information
    1 Waterview Dr Shelton, CT 06484
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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
    1 Waterview Dr Shelton, CT 06484
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