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2 Tower Drive

Off-Market

2 Tower Drive, Wallingford, CT 06492

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  • Property Type Industrial - Manufacturing
  • Property Size 61,628 SF
  • Lot Size 11.76 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1978

Location

  • Walk Score ® Car-Dependent (4)
  • Bike Score ® Somewhat Bikeable (13)
Powered by Walk Score ®
  • City Wallingford, CT
  • Neighborhood Fairlawn Farms - Laurelwood
  • Zip Code 06492
  • Market Bridgeport New Haven

Points of Interest

Wallingford

2.70 miles

Meriden

3.22 miles

BJ's Gas Station

0.84 miles

Shell

0.90 miles

Mobil

0.96 miles

Stop & Shop Fuel Center

1.08 miles

Cumberland Farms

1.16 miles

Shell

2.44 miles

Shell

2.56 miles

Gulf

2.60 miles

Valero

2.62 miles

Mobil

2.62 miles

343 North Cherry Street Parking

2.63 miles

Wallingford Station Commuter Parking Lot

2.81 miles

Meriden Station Garage

3.27 miles

Park & Ride

3.41 miles

Car Parking

4.86 miles

Senior Lot

5.99 miles

Farmington Canal Linear Trail Parking

6.38 miles

parking on grass

7.11 miles

Smith Field Parking

7.65 miles

Parking Lot Q

7.81 miles

Pig Rig BBQ

0.85 miles

IHOP

0.88 miles

Silver Sands Pizza

0.90 miles

DiBella's Subs

0.92 miles

Plaza Azteca

0.93 miles

Oriental Express

0.94 miles

Chipotle

0.94 miles

Smashburger

0.95 miles

Chick-fil-A

0.95 miles

Sonic

0.96 miles

Big Lots

0.88 miles

Super Stop & Shop

1.01 miles

Aldi

1.18 miles

Kohl's

1.22 miles

Big Y

1.25 miles

Marshalls

1.27 miles

Burlington

1.31 miles

Walmart Supercenter

1.44 miles

Ocean State Job Lot

2.55 miles

Stop & Shop

2.79 miles

North Farms Volunteer Fire Department

0.84 miles

CVS Pharmacy

1.30 miles

Wallingford Fire Department Yalesville Station

2.13 miles

CVS Pharmacy

2.29 miles

Riverside Urgent Care

2.55 miles

CVS Pharmacy

2.56 miles

Walgreens

2.57 miles

South Meriden Volunteer Fire Department

2.57 miles

Meriden Fire Department Engine 5

2.60 miles

Hancock's Pharmacy

2.62 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 10 Oct, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Wallingford

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Wallingford Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.41
  • 2020 Office Vacancy Rate 26.33%
  • 2020 Office Completions (SF)
View more Wallingford market trends

Tax

  • Property Tax in 2022 $67,021
  • Market Value* $3,297,000
  • Assessed Value $3,297,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 2 Tower Drive?

2 Tower Drive totals 61,628 square feet.

When was this property built?

2 Tower Drive was built in 1978.

When was 2 Tower Drive last sold?

2 Tower Drive was last sold on 10 Oct, 2017.

What is the property tax for 2 Tower Drive?

The property tax for 2 Tower Drive in 2022 was $67,021.

What is the market value for 2 Tower Drive?

The market value* for 2 Tower Drive in 2022 was $3,297,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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