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Wallingford Medical/Office Space For Lease
For Lease
$22 SF/Yr
Pending

97 Barnes Road, Wallingford, CT 06492

Multi-tenant building with flexible layout and park-like setting.

Space SizeContact for details
Lot Size5.10 Acres
Days on Market149

Property Features for 97 Barnes Road

General Information

Standard status Pending
Lot size 5.10 Acres
Property subtype Healthcare
Listing Agency: CBRE | Hartford
Listed By: Jennifer Gosselin · License #RES.0759679
Source: Cbre
Added: Mar 25 Changed: Aug 15 Last Checked: Jul 23 at 5:40AM

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 CBRE | Hartford

Investment Insights

Based on property information with market context.

Located at 97 Barnes Road in Wallingford, CT, BroadPeak at Barnes Park is a one-story multi-tenant building situated on 5.1 acres. The property offers views overlooking the western landscape. The building provides a flexible layout suitable for tenants, featuring a combination of private offices, a reception area, a conference room, a kitchen/break room, and a private restroom. Recent buildouts have created modern, open, and collaborative spaces. The park-like setting includes landscaped grounds, ample parking areas with a ratio of 5 per 1,000 square feet, and outside seating. Building and pylon signage is available. The property is zoned IX in Wallingford and benefits from reduced electric rates. Available spaces for lease include 1,200 SF, 2,185 SF, 1,900 SF, and 6,035 SF, with the latter two being adjacent and offering a combined 11,320 SF. BroadPeak campus at Barnes Park is planning renovations to elevate the medical office community. The property is suitable for office or medical use, with easy access to nearby amenities and an established referral base.

Key Highlights

  • Flexible layout suitable for office or medical use with recent modern buildouts.
  • Ample parking (5/1,000 SF).
  • Picturesque views overlooking the western landscape on 5.1 acres.

Property Analytics

Current Use

Ashley Tighe Physician Masonicare Home Health ... Home Health Care Service Clinical Laboratory Partners Medical Laboratory Barnes Professional Building Business Service Center Dr. Henry K. ... Geriatric Care Provider

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Hotel & Motel Law Firm Tanning Salon

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby
Well-served
Demand for This Use

Demographics for 06492, CT

44,606
Population
19,603
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
1,121
Density / Sq Mi
$101,757
Median Household Income
$57,977
Median Earnings
$1,346
Median Rent
$328,400
Median Home Value

Market

Lease Benchmarks for Wallingford, CT

$21.8 /SF/Yr
Avg Asking Price
$11–$28.2 /SF/Yr
Price Range
5,798 SF
Avg Space Size

This space is priced 1% above the average of $21.8 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-tenant building with flexible layout and park-like setting.
Where is this medical office space located?
The property is located at 97 Barnes Road Wallingford, CT.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Flexible layout suitable for office or medical use with recent modern buildouts.; Ample parking (5/1,000 SF).; Picturesque views overlooking the western landscape on 5.1 acres.
More about this property
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