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970 N Colony Rd 40,000 SF of Retail Space Available in Wallingford, CT 06492
HIGHLIGHTS
- End-cap unit with ±40,000 SF of open, flexible floor plan
- Prominent building exposure with excellent signage
- Traffic count of 25,400 vehicles per day
- Easy access to I-91 and I-84
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 40,000 SF | Negotiable | $9.95 /SF/YR $0.83 /SF/MO $398,000 /YR $33,167 /MO | Plus All Utilities |
1st Floor
±40,000 SF end-cap unit formerly occupied by Big Lots Subdividable 20' clear ceiling height
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- 5 Loading Docks
- Anchor Space
- High Ceilings
- End-cap anchor space with 20' ceilings
- Subdividable
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.
SITE PLAN
SELECT TENANTS AT 970 N COLONY RD, WALLINGFORD, CT 06492
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Big Lots
- Discount Store
- 571
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Big Lots | Discount Store | 571 | International |
PROPERTY FACTS
| Total Space Available | 40,000 SF | Total Land Area | 6.34 AC |
| Property Type | Retail | Year Built | 1967 |
| Gross Leasable Area | 58,823 SF | Parking Ratio | 23.05/1,000 SF |
| Total Space Available | 40,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 58,823 SF |
| Total Land Area | 6.34 AC |
| Year Built | 1967 |
| Parking Ratio | 23.05/1,000 SF |
ABOUT THE PROPERTY
970 N Colony Rd., Wallingford, CT is located within Wallingford Plaza and features a versatile ±40,000 SF end-cap unit that is subdividable and was formerly occupied by Big Lots. The plaza is anchored by Holiday Cinemas Stadium 14 and boasts a strong mix of national and regional retailers, including Moe’s Southwest Grill, Wood-n-Tap, and others. Located directly on high-traffic Route 5 with 25,400 ADT, the property offers exceptional visibility, parking for over 900 vehicles, and immediate access to Route 15 (Wilbur Cross Parkway). The surrounding trade area includes major destination retailers such as Home Depot, BJ’s Wholesale Club, Lowe’s, Super Walmart, and ShopRite. PROPERTY FEATURES: End-cap unit with ±40,000 SF of open, flexible floor plan (5) loading docks with levelers Open layout with minimal column interruptions (±25' spacing) ±16' clear ceiling height Fully sprinklered (wet system) Suitable for large-format retail, fitness, entertainment, recreation, and other specialty uses 900+ surface parking spaces shared with the plaza Prominent building exposure with excellent signage (building and pylon) Served by 25,400 ADT along Route 5 with immediate access to Route 15 Strong co-tenancy with restaurants, entertainment, and national retailers Regional consumer draw from Wallingford, North Haven, Meriden, and Cheshire Convenient access points along N. Colony Rd. LEASE RATE: $9.95 PSF Gross (Base Year; tenant responsible for increases in real estate taxes)
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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970 N Colony Rd
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