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291 Pepes Farm Rd 16,816 SF Industrial Building Milford, CT 06460 $2,800,000 ($166.51/SF) 7.51% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 14-foot clear ceiling
  • 30+ parking spaces
  • Fully air conditioned
  • Two loading docks
  • 1.66 acres
  • Excellent location, proximity to major highway, parkway, state road and train station

EXECUTIVE SUMMARY

Investment opportunity for 17,539 SF light industrial building with long-term credit tenant, offering a cap rate of 7.5%. The national company has a lease through July 2030. This building, which sits on a 1.66-acre parcel, features almost 4,000 SF of office space including a reception area, training room and kitchenette. Other amenities include warehouse space with 14-foot clear ceiling height, two loading docks, 30+ parking spaces, and air conditioning. Excellent location: This building is only 1.5 miles from I-95 at Exit 40 (Woodmont Road), and only minutes from Boston Post Road (Route 1), the Wilbur Cross/Merritt parkways, downtown Milford, and the Metro North train station.

PROPERTY FACTS

Price $2,800,000
Price Per SF $166.51
Sale Type Investment
Cap Rate 7.51%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.66 AC
Rentable Building Area 16,816 SF
No. Stories 1
Year Built 1985
Tenancy Single
Parking Ratio 2.26/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 2
Cross Streets Lambert Rd
Zoning LI - Light Industrial (LI)

AMENITIES

  • Signage
  • Air Conditioning

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
  • Listing ID: 37636482

  • Date on Market: 9/11/2025

  • Last Updated:

  • Address: 291 Pepes Farm Rd, Milford, CT 06460

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