262 Depot Road, Milford, CT, Connecticut, property flyer

262 Depot Road, Milford, CT, 06460 | $8

252 Depot Road is a dual-tenant flex facility in Milford, Connecticut's established Depot Road Business District. It spans 26, 386 square feet across two stories. Tenants include Revolution Basketball Training and New England Gypsum, a building product company. The remaining space offers corporate-quality offices, a warehouse, storage facilities, and other special permitted uses, such as a vocational school. An experienced property management team is ready to collaborate with tenants to customize space to best suit their needs. The building has comprehensive climate control, advanced access systems, and panic pulls. Extensive CCTV coverage and a burglar alarm system ensure tenant safety and security. Carbon-neutral, 252 Depot Road generates its energy through on-site solar panels, passing savings on to tenants. Recent upgrades include a remodeled breakroom and kitchen with cafeteria seating, a repaved parking lot, and 10 Tesla Level 2 EV charging stations. The front half of the building offers two levels of dedicated office space, while the remainder is configured for climate-controlled warehousing with pre-installed pallet racking for 150-200 pallets. Additional warehouse features include a car lift and a full-size indoor loading dock for tractor-trailers, providing secure loading and unloading.

Features

Utilities: Electric,Gas
Heating: Hot Air
Cooling: Central Air
Units: 3

Zoning: LI
Frontage: Municipal Street
Year Built: 1977
Approx Sq. Feet: 23,500

Acreage: 4.67
Lease Term Type: Per SqFt/Per Year
MLS#: 24073097
Website: https://www.raveis.com
/prop/24073097/262depotroad_milford_ct?source=qrflyer

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Listing courtesy of Property World

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

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262 Depot Road, Milford, CT, 06460

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$6	$6	$6
Term	360 months	360 months	180 months
Initial Interest Rate**	6.750%	7.125%	6.250%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.173%	7.316%	6.550%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$0	$0	$0
Total Monthly Payment	$75	$75	$75

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.