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88 Danbury Rd

44,296 SF 43% Leased Office Building Wilton, CT 06897 For Sale

Investment Highlights

  • Great opportunity to redevelop as multifamily.
  • Potential for self-storage.

Executive Summary

CBRE, Inc. has been retained as the exclusive advisor for the sale of 88 Danbury Road (“the property”), a 44,296± square foot office building located on the major throughway in Wilton, CT. The property provides a great opportunity to redevelop as multifamily or self storage. Wilton is situated in central Fairfield County and is bordered by Ridgefield to the north, Weston to the east, Westport and Norwalk to the south and New Canaan to the west. Both the property and Danbury Road provide convenient regional and interstate connectivity being 2.9± miles from the Merritt Parkway and 6.2± miles from I-95. Danbury Road provides visibility and exposure to 25,300
vehicles per day on Route 7 along with access to many conveniences including national retailers, an extensive selection of dining options, hotels, banks and more. Also, just 2.1± miles from the property are the Merritt 7 Metro North train station and 2.3± miles from the Wilton Metro North train station providing access to Stamford, New York City and New Haven. The property can be delivered vacant.

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Building Size
44,296 SF
Building Class
B
Year Built
1981
Percent Leased
43%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
14,765 SF
Building FAR
0.26
Lot Size
3.88 AC
Zoning
DE-5 - Design Enterprise District
Parking
180 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Route

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,145 SF
  • Office
  • Full Build-Out
  • Now

First floor office space.

  • 1st Floor
  • 4,723 SF
  • Office
  • Full Build-Out
  • Now

First floor office space.

  • 2nd Floor
  • 5,597-15,478 SF
  • Office
  • Partial Build-Out
  • Now

Available Space: Partial 2nd floor - 5,600 rsf • Parking: 3.4 spaces per 1,000 rsf • Lease Rate - $24.00 per rsf plus electric • Newly renovated space • Flexible floor plan • Fully renovated lobbies, common corridors and restrooms • Excellent South Wilton location • Beautifully landscaped property and views

Space Size Space Use Condition Available
1st Floor 5,145 SF Office Full Build-Out Now
1st Floor 4,723 SF Office Full Build-Out Now
2nd Floor 5,597-15,478 SF Office Partial Build-Out Now

1st Floor

Size
5,145 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size
4,723 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
5,597-15,478 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size 5,145 SF
Space Use Office
Condition Full Build-Out
Available Now

First floor office space.

1st Floor

Size 4,723 SF
Space Use Office
Condition Full Build-Out
Available Now

First floor office space.

2nd Floor

Size 5,597-15,478 SF
Space Use Office
Condition Partial Build-Out
Available Now

Available Space: Partial 2nd floor - 5,600 rsf • Parking: 3.4 spaces per 1,000 rsf • Lease Rate - $24.00 per rsf plus electric • Newly renovated space • Flexible floor plan • Fully renovated lobbies, common corridors and restrooms • Excellent South Wilton location • Beautifully landscaped property and views

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WILT-000069-000058
Land Assessment
£2,093,053
Improvements Assessment
£2,085,423
Total Assessment
£4,178,476
  • Listing ID: 30889158

  • Date on Market: 06/02/2024

  • Last Updated:

  • Address: 88 Danbury Rd, Wilton, CT 06897

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