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765 Straits Tpke
Middlebury, CT 06762

$2,950,000 USD

Office For Sale • 31,541 SF

Property Details

Property Type Office
Total Building Size 32,708 SF
Lot Size 10.46 AC
Building Class B
Year Built 2003
Cap Rate 5.55 %
Tenancy Multiple
Zoning CA40

10 Transit Score

30 Walk Score

                
                    Highlights
                
                                Value-add office investment opportunity
                            
                                ±32,708 SF office building on ±10.46 acres
                            
                                Approximately 50% occupancy with significant lease-up potential
                            
                                Projected stabilized NOI of ±$355,800 (12.06% cap rate)
                            
                                Ample on-site parking

Property Flyers

765 Straits Tpke, Middlebury, CT - Sale

Financial Summary (Actual)

Net Operating Income: $163,668 USD (2025)

Cap Rate:

5.55 %

Major Tenants

Tenant	SF Occupied	Lease End Date
All Risk Management Services, Inc
Dynobite Smiles
Positive Energy Electricity

Amenities

Signage
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Naugatuck Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	7 min	-	3.6 mi
Waterbury Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	9 min	-	4.3 mi
Airport	Drive	Walk	Distance
Tweed/New Haven	45 min	-	27.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	125
Type:	Surface
Included in Rent:	Yes

Gerry Matthews 203-509-9512 Matthews Commercial Properties, LLC

765 Straits Tpke Middlebury, CT 06762