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10-12 Progress Drive, located in Shelton”™s Research Office Park, has been relisted for sale at a discounted price of $3.95 million.
The property was listed for sale last year at $4.25 million by Vidal/Wettenstein LLC. Cushman and Wakefield”™s Capital Markets Group is the current listing agent for the property.
Built in 1999, the two-story building covers 48,000 square feet. It is 60% leased with four tenants, including Mutual Security Credit Union in a 12,615-square-foot space and Griffin Hospital in a 7,776-square-foot space. The property is a five-minute drive from Route 8 and two minutes from Bridgeport Avenue, Shelton”™s main commercial corridor.
