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38 Wellington Rd
Milford, CT 06461
Government Leased Class A Office · Office Property For Sale

Investment Highlights

  • Class A two-story, 39,907 rentable-square-foot office building in Milford, Connecticut, located on a 4-acre lot within the Merritt 95 Office Park.
  • Fully leased by the State of Connecticut Department of Children and Families until 2029, offering investors a reliable and consistent income stream.
  • Location offers unparalleled convenience and is near major transportation hubs, shopping centers, restaurants, and recreational facilities.
  • Just 60 miles from Manhattan, the property is strategically positioned with easy access to I-95, Route 15, & Route 8, ensuring seamless connectivity.
  • Significant 2008 renovations include a roof replacement, complete HVAC updates, a resurfaced parking lot, and new LED lighting.
  • Milford's thriving population, high median income, and proximity to major employers make this property a valuable investment in a robust market.

Property Facts

Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
39,906 SF
Building Class
A
Year Built/Renovated
1981/2019
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
19,953 SF
Building FAR
0.23
Lot Size
4.00 AC
Parcel Number
MILF-000113-000912-000001
Zoning
DO10
Parking
228 Spaces (5.71 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Commuter Rail
  • Signage
  • Skylights
  • Natural Light
  • Listing ID: 31612379

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 38 Wellington Rd, Milford, CT 06461

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