15 Corporate Dr, Trumbull, CT 06611-1351
- Showrooms
- 53,439 SF
- 4.97 lot acres
Current Use by Public Records
- Bridgeport Hospital Laboratory / Medical Laboratory
- Cathy Fisher, LCSW / Foster Care Service / Social Service Agency
- Fairfield County Medical Group, P.C. / Medical Clinic
- Dr. Jeffrey H. Kerner, MD / Physician
- Medical Arts Pharmacy of Trumbull / Pharmacy
Property Details for 15 Corporate Dr
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 4.97 lot acres
- Zone code
- IL2
- Property type
- Showrooms
- APN
- TRUM M:E-01 L:00004 U:000
- APU
- TRUMME01L00004U000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 5, 2017 | — | Gahc 4 Trumbull Ct Mob | Trumbull Medical Arts LLC | Warranty Deed | — |
| May 21, 1999 | — | Trumbull Medical Arts | — | Deed Of Trust · related | $3.8M · Worth Funding INC |
| May 26, 1994 | $3,700,000 | Trumbull Medical Arts | One Corporate Dr Assoc | Warranty Deed | $2.8M · Bank Of Boston Ct |
| May 29, 1987 | — | One Corp Drive Assoc | — | Deed Of Trust · related | $5.2M · Connecticut Bank & Trust |
Description
This exceptional three-story medical office building, located at 15 Corporate Drive in Trumbull, Connecticut, offers a variety of suite sizes ideal for medical practices of all sizes. The building totals 53,439 square feet and sits on a 4.97-acre lot, providing ample parking with 180 spaces. Suites range from a minimum of 404 square feet to a maximum contiguous space of 10,093 square feet, accommodating diverse needs. Built in 1985, this Class B building features two passenger elevators and is conveniently located at the corner of Monroe Turnpike and Corporate Drive, ensuring high visibility and accessibility within a thriving healthcare corridor. The property is zoned IL2 and has a parcel number of 11504. On-site amenities include radiology, laboratory, and pharmacy services, creating a comprehensive healthcare hub. A generous tenant improvement allowance is available. The lease rate is $16.50 per square foot, NNN. This property presents a unique opportunity to establish or expand a medical practice in a highly desirable location. The building's multiple tenancy structure allows for flexibility and a diverse tenant mix.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,032,000
Market price range: $4.10M - $9.76M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $6,955,000 Current use
- OFFICE BUILDING
- $6,440,000 Change: -7% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $6,215,000 Change: -11% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Trumbull
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.2271
- Latitude
- 41.2969
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA