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Property profile & analytics
FOR LEASE
Industrial properties

718 N Colony Rd Wallingford, CT 06492

332,064 SF 34.36 ac lot Built 1949
Individually Owned 12-yr Hold Free & Clear
Property ID
US15-0144662
Property summary
AI-generated overview

This exceptional industrial property, part of the Wallingford Business Park, offers a 43,650 square foot warehouse space with an additional 7,550 square feet of office space, ideal for various business needs. The building boasts a 24-foot clear ceiling height, providing ample vertical space for storage and operations. Ten cross-docks facilitate efficient loading and unloading, while a comprehensive sprinkler system ensures safety. The property features 1,000 parking spaces for employees and visitors. Heating and electric are separately metered for cost-effective management. The exterior, heating, and electric systems underwent a complete renovation in 2002. Situated on a substantial 34.6-acre site, this warehouse is part of a larger 389,000 square foot industrial center. The property benefits from its strategic location in the Route 5 district, within an RF-40 zone, providing easy access to major transportation arteries including Routes 68, 5/15, and I-91. Currently, 80,000 square feet of space is available within the larger complex. The triple net (NNN) lease rate is $7 per square foot. This is a rare opportunity to secure a well-maintained, strategically located warehouse space in a thriving industrial park. The property's size, amenities, and location make it an attractive option for businesses seeking efficient and accessible warehouse facilities.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1949
Construction STEEL FRAME
Total area 332,064 SF
Lot 34.36 ac (1,496,722 SF)
APN WALL M:091 L:029
UPID US15-0144662
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coastal Pro Transport LLC Trucking Company
  • Mark Iv Transportation Trucking Company
  • CCI Logistics LLC Warehouse & Storage
  • Reverse Solutions Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.47M
Blend (final) Blend
$7.11M
Owner & transaction history
Business Park Wallingford · 12 yrs held
Business Park Wallingford
since 2014
7 recorded transactions
2014
$4.5M
2010
Price N/A
2008
Price N/A
2003
Price N/A
2003
Price N/A
1999
Price N/A
1991
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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