For Sale Details

$101.43 / SF
  • Property Type Retail / Dealership
  • Sale Type Owner-User
  • Status Closed
  • Created 07/29/21
  • Updated 01/03/22
  • Closed On 12/31/21
  • Closing Price $0

About 881 Boston Post Road, Milford, CT 06460

Angel Commercial, LLC, acting as the exclusive real estate broker, is pleased to offer for sale 881 Boston Post Road in Milford, CT, presents a unique opportunity to acquire a commercial building in a high-traffic retail corridor with 47,867 SF of warehouse space available and a projected 2021 income of $395,854 with scheduled rent increases from Tesla Inc. (NASDAQ: TSLA), a Fortune 100 Company. Tesla leases a portion of the property and is responsible for 60% of real estate taxes and 100% of separately metered utilities, water, sewer, and insurance.

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, prominent street signage, and abundant parking with a total of 246 spaces. The building features heavy power, a wet sprinkler system, and a security alarm system. The available warehouse space spans two levels and features four interior loading docks (one with a leveler), five drive-in doors, a 12’-18’ ceiling height, a freight elevator (needs 200 amp electrical hook up), two restrooms, and 121 parking spaces. The 22,134 RSF space occupied by Tesla features central air conditioning, five drive-in doors, five restrooms, and 125 parking spaces.

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. It is one mile from the Milford Metro-North Train Station and 0.3 miles to a Greater Bridgeport Transit Bus Stop at Cherry Street and Locust Street. The property is near shopping, restaurants, and banks.

For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.​ 21.​

Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 70,001
  • Year Built: 1972
  • Clear Height (Feet): 12 - 18
  • Dock Doors: 4
  • Drive In Doors: 10
  • Number of Stories: 2
  • Number of Buildings: 1

Land Details

  • Parking Count: 246
  • Acreage: 3.24
  • Gas: Yes
  • Sewage System: Public Sewer
  • Water System: Public Water

The Retail / Dealership property at 881 Boston Post Road, Milford, CT 06460 is currently available for sale. Contact Jon Angel from Angel Commercial, LLC for more information.