31 Pecks Lane

Property Description: 31 Pecks Lane, Newtown, CT

Executive Summary

Advantage Realty Commercial is pleased to present the exclusive opportunity to acquire 31 Pecks Lane, a premier multi-tenant commercial and industrial campus situated on 23.913 +/- acres in Newtown, Connecticut. This institutional-grade asset consists of a 134,165 rentable square foot main facility, including a 2,400–2,500 square foot free-standing building. Originally designed and maintained for high-level institutional ownership, the campus offers a unique “work-live-play” industrial environment, featuring on-site soccer/softball fields, a common lunchroom/vending area, and an active on-site deli and restaurant.

Investment Highlights

• Robust Infrastructure: The facility is a “heavy-duty” industrial powerhouse, featuring 4,000 Amps of 480/277-volt power distributed throughout the building, suitable for advanced manufacturing and R&D.
• Fully Climate-Controlled & Protected: The main building is 100% air-conditioned and fully sprinklered, a critical requirement for institutional R&D and clean-room users.
• Exceptional Expansion Potential: With nearly 24 acres of land, the site offers significant “excess land” capable of supporting an estimated additional 60,000 to 80,000 square feet of building expansion or extensive outdoor storage and parking.
• Strategic Logistics Location: Located just off Route 25 and within five minutes of I-84 (Exits 10 & 11), the property offers seamless access to major commercial hubs including Danbury, Waterbury, and the Westchester/NYC corridor.

Technical Property Specifications

• Loading & Access: The facility features a central loading area with four (4) common loading docks, some of which are equipped with auto-levelers for efficient logistics.
• Ceiling Heights: Clear heights range from 12.5’ to 22’ clear, accommodating a variety of high-bay warehouse and manufacturing requirements.
• Utilities: The property is serviced by Town water and a large-scale engineered septic system. While currently gas HVAC upgrades are in progress to further modernize the asset.
• Green Initiatives & Security: The property features an extensive on-roof solar installation providing supplemental income and sustainability. The plans for the replacement of approximately 50,000 s.f. of new roof are underway.
• Parking: The campus includes a high-capacity parking lot capable of accommodating 350 cars.  Two of the existing tenants use some of that parking for the parking of buses and trucks.

Tenant Profile & Operational Overview

The property is currently fully leased to a diversified roster of elite R&D, manufacturing, and service tenants, including Arch Medical, Coherent Ceramics (previously M Cubed Technologies), Housatonic River Enterprise Services (HRES), Chase Press, and Candlewood Fencing. Tenant spaces are individually demised and secure, with professional access to building amenities and bathrooms via indoor common areas. The property has historically operated at or near 100% occupancy, with recent 5-year lease commitments from users such as Heal Naturals and Efficient Lighting Consultants (ELC).

Financial Summary (2025 Actuals)

As of the 2025 fiscal year, the asset generated a Gross Operating Income of $ $1,865,884. Through professional management and efficient utility recovery structures, including the use of sub-metered electricity for major tenants, the property delivered a Net Operating Income (NOI) of $1,041,121. This stabilized performance, combined with significant development upside and high-tech infrastructure, positions 31 Pecks Lane as a signature investment opportunity in the Fairfield County industrial market, providing a CAP RATE of 10.21%.