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100-110 Commerce Dr 1,852 SF of 4-Star Office/Retail Space Available in Shelton, CT 06484

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HIGHLIGHTS

  • Highly visible shopping center with adaptable office/retail space at the start of the Bridgeport Avenue commercial corridor.
  • Features tenants such as Starbucks and CX Pharmacy near numerous national retailers, such as Stop & Shop, and Route 8 access.
  • Sizable 5.67-acre site offers incredible visibility, pylon signage, brick construction, professional landscaping, and ample surface parking.
  • Over 305,000 residents have an average household income of approximately $104,950 per year, living within a 15-minute drive of the property.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 104
  • 1,852 SF
  • Negotiable
  • $37.00 /SF/YR $3.08 /SF/MO $68,524 /YR $5,710 /MO
  • Triple Net (NNN)
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

Shopping center located at the busiest intersection in Shelton, CT. Other tenants include Starbucks.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste 104 1,852 SF Negotiable $37.00 /SF/YR $3.08 /SF/MO $68,524 /YR $5,710 /MO Triple Net (NNN)

1st Floor, Ste 104

Size
1,852 SF
Term
Negotiable
Rental Rate
$37.00 /SF/YR $3.08 /SF/MO $68,524 /YR $5,710 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

Shopping center located at the busiest intersection in Shelton, CT. Other tenants include Starbucks.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Located in-line with other retail

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 1,852 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 39,497 SF
Year Built 2018

ABOUT THE PROPERTY

100-110 Commerce Drive is a recently developed shopping center in Shelton, Connecticut. Situated on a 5.67-acre site, the center presents brick construction and 46,000 square feet of in-line office/retail space. Benefit from excellent visibility and multiple points of ingress. Center features include pylon signage, professional landscaping, ample surface parking, and building signage opportunities. Join tenants such as Starbucks, CX Pharmacy, and Gaetano’s Deli. Adaptable office/retail space is immediately available with negotiable lease terms. 100-110 Commerce Drive sits at the intersection of Bridgeport Avenue and Commerce Drive, one of the busiest in Shelton, with over 18,000 passing vehicles per day. The property is situated less than 30 minutes from New Haven and offers easy Route 8 connectivity. 100-110 Commerce Drive neighbors numerous national tenants and brands along the vibrant Bridgeport Avenue, such as Panera, Outback Steakhouse, Stop & Shop, TJ Maxx, and Hilton Garden Inn. Benefit direct access to a growing population of over 305,000 residents living within a 15-minute drive with an average household income of approximately $104,950 annually.

  • Signage
  • Tenant Controlled HVAC
  • Accent Lighting
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Starbucks
KeyBank
Jpmorgan Chase & And Co
Outback Steakhouse
Panchero Mexican Grill
Trader Joe's
TD Bank
StretchLab
Club Pilates
  • Listing ID: 16431285

  • Date on Market: 7/6/2022

  • Last Updated:

  • Address: 100-110 Commerce Dr, Shelton, CT 06484

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