20 Constitution Blvd S
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20 Constitution Blvd S
161,538 SF Vacant 4-Star Industrial Building Shelton, CT 06484 For Sale
Virtual Tour
Investment Highlights
- 20 Constitution Boulevard S offers institutional-quality industrial and office space paired with a top-tier amenity package 30 minutes from New Haven.
- Experience amenities such as a full-service café, a fitness center, a rooftop garden, executive office suites and parking, and more.
- Spanning 161,538 square feet, benefit from 38-foot clear heights, eight loading docks, and a drive-in bay in a market with limited competing product.
- Ideally situated directly off Route 8 in the Naugatuck Valley Planning Region and surrounded by a well-educated and highly skilled labor force.
Executive Summary
20 Constitution Boulevard S is an institutional-quality industrial asset with a single-tenant configuration that would appeal to the strongest industrial users and corporations in Shelton, Connecticut. The 161,538-square-foot property is in superior condition, pairing abundant warehouse space with over 50,000 square feet of Class A office space across two levels and high-end executive suites.
The facility presents a top-tier amenity package with an on-site café, a fitness center, a wire-guided material handling system, dedicated executive parking, and a rooftop play area and garden. There are only two other industrial properties in 5 miles of over 75,000 square feet with 32 feet or higher clear heights – one is under construction, and a single tenant fully occupies the other. From Q1 2018 to Q1 2024, average asking rents in the Stamford Industrial Market have increased by 44% or approximately 6.2% per year.
Shelton, Connecticut, is in the Naugatuck Valley Planning Region, within a 30-minute drive west of Downtown New Haven. 20 Constitution Boulevard S sits directly off Route 8, with convenient access to major cities throughout the northeast. A well-educated and highly skilled employee surrounds the property, with over 14% of the total labor force living within a 10-mile radius serving in the warehousing sector.
The facility presents a top-tier amenity package with an on-site café, a fitness center, a wire-guided material handling system, dedicated executive parking, and a rooftop play area and garden. There are only two other industrial properties in 5 miles of over 75,000 square feet with 32 feet or higher clear heights – one is under construction, and a single tenant fully occupies the other. From Q1 2018 to Q1 2024, average asking rents in the Stamford Industrial Market have increased by 44% or approximately 6.2% per year.
Shelton, Connecticut, is in the Naugatuck Valley Planning Region, within a 30-minute drive west of Downtown New Haven. 20 Constitution Boulevard S sits directly off Route 8, with convenient access to major cities throughout the northeast. A well-educated and highly skilled employee surrounds the property, with over 14% of the total labor force living within a 10-mile radius serving in the warehousing sector.
Sale Flyer
Property Facts
| Sale Type | Investment or Owner User | Year Built | 2004 |
| Property Type | Industrial | Parking Ratio | 1.42/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 38 FT |
| Building Class | A | No. Dock-High Doors/Loading | 7 |
| Lot Size | 15.46 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 161,538 SF | Cross Streets | Coram Rd |
| No. Stories | 2 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 15.46 AC |
| Rentable Building Area | 161,538 SF |
| No. Stories | 2 |
| Year Built | 2004 |
| Parking Ratio | 1.42/1,000 SF |
| Clear Ceiling Height | 38 FT |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | Coram Rd |
Amenities
- Fitness Center
- Roof Terrace
Utilities
- Gas - Natural
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 161,538 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 161,538 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 161,538 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
About Shelton
Shelton boasts an industrial inventory of around 5 million square feet in a strategic location situated between New York City and Boston. The area plays a key role in the movement of goods from the port district in New York and New Jersey to points north in Connecticut.
Route 8 is the main artery in Fairfield County, which begins at Interstate 95 in Bridgeport and runs north to Waterbury, where it connects with Interstate 84. Industrial properties are primarily lined along this highway, but a large cluster of buildings can also be found near Constitution Boulevard. Owners here enjoy low vacancies and healthy annual rent growth.
Tenants in Shelton represent a bevy of industries, though manufacturers are the most prevalent. The largest occupiers here enjoy prime real estate with easy highway access. PerkinElmer, a global provider of technology and service solutions, has occupied nearly 250,000 square feet right on Route 8 since 2009. Meanwhile, Talalay Global, a manufacturer of consumer latex products, has its 213,000-square-foot headquarters off Constitution Boulevard.
DEMOGRAPHICS
Regional Accessibility
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
70
1 h 41 m
Boston
694,583
146
3 h 1 m
Philadelphia
1,584,138
164
3 h 29 m
Baltimore
602,495
261
5 h 24 m
Washington
702,455
296
6 h 11 m
Raleigh
469,298
554
11 h 20 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
602,893
Total Labor Force
324,190
Unemployment Rate
4.24%
Median Household Income
$74,830
Warehouse Employees
45,723
High School Education Or Higher
89.80%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Marisa's Deli & Bakery | Deli | $ | 8 min walk |
| La Scogliera Restaurant | Italian | $$$ | 11 min walk |
| Piccolo's Sunnyside Deli & Catering | Deli | $ | 14 min walk |
Hotels |
|
|---|---|
| Hilton |
142 rooms
9 min drive
|
| Courtyard |
161 rooms
10 min drive
|
| Hyatt House |
127 rooms
11 min drive
|
PROPERTY TAXES
| Parcel Number | SHEL-000053-000000-000051 | Improvements Assessment | $9,596,790 |
| Land Assessment | $1,655,780 | Total Assessment | $11,252,570 |
PROPERTY TAXES
Parcel Number
SHEL-000053-000000-000051
Land Assessment
$1,655,780
Improvements Assessment
$9,596,790
Total Assessment
$11,252,570
zoning
| Zoning Code | IB-1 |
| IB-1 |
Sale Advisors
Sale Advisors
Jacklene Chesler, Vice Chair
(973) 610-1875
Contact
Jacklene serves as Vice Chair and provides Investment Sales & Advisory expertise to institutional and private investors. She focuses on all major product types including Office, Industrial, Retail, Residential/Mixed Use and Land. She has vast experience in working with Special Servicers (Loan and REO teams), Asset Mangers and other Fidicuciary Agents on CMBS and balance sheet properties, and other type of distressed assets. She is also very active with marketing and selling properties via online auctions, most notable Tenx.com.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Patrick Norris, Vice President
(973) 299-3010
Contact
Patrick Norris, Vice President, has been part of the commercial real estate industry since 2016. He specializes in institutional, as well as private investor sale transactions throughout New Jersey and the surrounding tri-state metropolitan region. In addition to executing highly competitive traditional marketing campaigns, Patrick is an expert at selling properties via online auction platforms including Ten-X Commerical, RIMarketplace and Crexi.
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
Contacts
-
Jacklene Chesler -
Patrick Norris -
Jake Moss -
Philippe Jomphe -
Matthew Cohen -
Colliers
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20 Constitution Blvd S
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