18 Commerce Road - Newtown

Industrial for Lease
Catylist Listing ID: 30006666
Property Subtypes: Flex Space, Industrial-Business Park, Mixed Use, Light Industrial, Office Showroom
Contiguous Space: 5,000 SF
Building Size (RSF): 5,000 SF
Gross Land Area: 2.02 Acres
Lease Rate: $10 PSF (Annual)
Base Monthly Rent: $4,166
Lease Types: Modified Gross
Building Name: 18 Commerce Road - Newtown
Usable Size (USF): 5,000 SF
Last Updated: 1/16/2019

Overview / Comments

New to the market: 5,000 s.f. of R & D space located at 18 Commerce Road in Newtown CT. The location provides fantastic interstate access for customers and employees. The space is very convenient to I-84 at Exit 10 and the building is only two minutes off the Exit. There is on site property management with owner being in the other half of the building. The space consists of a 80/ 20 mix of nice office and very clean R & D space. The R & D space is services by large double door for deliveries and large overhead door which can be installed. There is also a very large mezzanine area for storage that is not included in the s.f. of the lease. The site has good parking and is nicely landscaped. The M-5 Industrial zone allows many diversified uses. The property is serviced by Town water, Town sewer, municipal gas, and full A/C. Tenants have 24 / 7 access.

See the enclosed "proposed" layout / floor plan of the space.

The Landlord is offering 5 year leases at $9.95 s.f. gross. Call Mike Struna for an appointment today at 203-798-9345.

Expand All Available Space

Suite: Front of Building 5,000 SF $10 PSF (Annual) Modified Gross
Space Available: 5,000 SF
Lease Rate: $10 PSF (Annual)
$4,166 (Monthly)
Lease Type: Modified Gross
Space Subcategory: Research & Development, Industrial-Business Park
Date Available: 1/1/2017
Space Type: New
Rent Escalators Description 3% per year

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Taxing Authority: Town of Newtown
Tax ID/APN: 38-1-15-7
Zoning: M-5 INDUSTRIAL
Highway Access: I-84 at Exit 10
Area Description: Industrial park located just off Exit 10-I-84. Restaurants, banks, Post Office, gas stations, and Super Markets all close by.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1978
Year Renovated: 2015
Roof Type: Folded Plate
Construction/Siding: Metal Siding
Exterior Description: Glass and Metal Siding
Parking Type: Surface
Parking Description: Off Street Parking lot.
Internet Access: Cable, DSL
Zoning Description: M-5 Industrial. See link to Newtown zoning regulations on the website for permitted uses.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 746 18,248 45,300
Median Age: 43.65 42.8 43.96
Households: 270 6,387 16,004

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