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881 Boston Post Rd
Milford, CT 06460
Industrial Property For Sale
Investment Highlights
- Commercial building in a high-traffic retail corridor with 47,867 SF of warehouse space available.
- Tesla leases a portion of the property & is responsible for 60% of real estate taxes & 100% of separately metered utilities, water, sewer & insurance/
- Prominent street signage and abundant parking with a total of 246 spaces.
- Projected 2021 income of $395,854 with scheduled rent increases from Tesla Inc. (NASDAQ: TSLA), a Fortune 100 Company.
- With 332 linear feet of frontage on Route 1 (Boston Post Road), this two-story 70,001 SF commercial building on 3.24 acres has excellent visibility.
- The property is in a prime commuter location with easy access to I-95, Exits 37 & 39A, and the Milford Parkway Connector to the Merritt Parkway.
Property Facts
| Property Type | Industrial | Year Built/Renovated | 1972/2004 |
| Property Subtype | Warehouse | Parking Ratio | 1.59/1,000 SF |
| Building Class | B | Clear Ceiling Height | 12’ |
| Lot Size | 3.24 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 70,001 SF | No. Drive In / Grade-Level Doors | 5 |
| No. Stories | 2 | ||
| Zoning | CDD-1 - Corridor Design Development District - Community Design | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.24 AC |
| Rentable Building Area | 70,001 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2004 |
| Parking Ratio | 1.59/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | CDD-1 - Corridor Design Development District - Community Design |
Amenities
- Bus Line
- Signage
- Monument Signage
Utilities
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | MILF-000077-000825-000064 | Improvements Assessment | $2,255,570 |
| Land Assessment | $1,331,590 | Total Assessment | $3,587,160 |
Property Taxes
Parcel Number
MILF-000077-000825-000064
Land Assessment
$1,331,590
Improvements Assessment
$2,255,570
Total Assessment
$3,587,160
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