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Redevelopment Parcel on Mill Plain
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103 Mill Plain Rd, Danbury, CT 06811

Highly visible redevelopment parcel with existing income and future potential.

Space Size1,250 SF - 1,660 SF
Days on Market1667

Property Features for 103 Mill Plain Rd

General Information

Standard status Active
Size 1,250 SF - 1,660 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 103 Mill Plain Rd Contact us

Unit 101

Size
1,660 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Unit 103

Size
1,250 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: RYER Associates Commercial Real Estate
Listed By: Jeff Ryer · License #CT REB.0754714
Source: Crexi
Added: Feb 6, 2022 Changed: Aug 14 Last Checked: Aug 30 at 9:58PM

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 RYER Associates Commercial Real Estate

Investment Insights

Based on property information with market context.

A redevelopment parcel is available on Mill Plain Road in Danbury, offering immediate access to I-84, Exit 2B. Situated at a signalized intersection, the site features approximately 120' of road frontage. Existing improvements include a 6,000 square foot office building, which is 80% occupied, and a self-storage facility with 95% occupancy. Both properties have short-term leases, providing cash flow during the approval process. Mill Plain Road experiences 20,000 vehicles per day, while I-84 sees 70,000 vehicles per day. The CA-80 zone allows for multiple uses. The location is in close proximity to national retail chains and Danbury Fair Mall. There are over 2,000 nearby residential units currently under development. Also nearby are a proposed hotel/restaurant site and upscale grocery site.

Key Highlights

  • Highly visible redevelopment parcel with immediate access to I‑84 (Exit 2B).
  • Located at a signalized intersection on Mill Plain Road with high traffic volume (20,000 V/D).
  • CA‑80 zoning allows for many uses.

Property Analytics

Current Use

Appalachian Chiropractic Alternative Medicine Practice Mill Plain Self ... Storage Facility Scott Stampp @ Three ... Business Service Center Alyson Halas Psychotherapy ... Marriage Or Relationship Counselor the cares group Medical Clinic

Suggested Use

Top Pick Dental Office Auto Repair Shop Auto Parts Store Hair Salon HVAC Service Pharmacy

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 06811, CT

31,216
Population
12,568
Households
2.5
Avg Household Size
42
Median Age
41%
College-Educated
87%
High-School Grad
21.0 sq mi
ZIP Area
1,486
Density / Sq Mi
$107,519
Median Household Income
$45,224
Median Earnings
$1,754
Median Rent
$405,800
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Highly visible redevelopment parcel with existing income and future potential.
Where is this mixed-use property located?
The property is located at 103 Mill Plain Rd Danbury, CT.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Highly visible redevelopment parcel with immediate access to I‑84 (Exit 2B).; Located at a signalized intersection on Mill Plain Road with high traffic volume (20,000 V/D).; CA‑80 zoning allows for many uses.
(203) 797-0200 Call to check price and availability
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