1610 Post Road, Fairfield, CT 06824

1610 Post Road

Fairfield, CT 06824

1610-Post-Road,-Fairfield,-CT

Investment Opportunity: Fairfield Center Commercial Property for Sale at $2,850,000

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to present a fully leased 4,500 SF commercial property situated on 0.35 acres in the heart of Fairfield Center. Located at 1610 Post Road in Fairfield, CT, this property is available for sale at $2,850,000. The commercial property boasts three tenants with NNN leases: Lantern Point Taverna, Bonkers Cupcakes, and BoHo Prep. With a projected Net Operating Income (NOI) of $180,792 and a cap rate of 6.34%, this investment stands to provide excellent returns. Plus, there is an exterior storage area on the premises that generates additional income with 3% escalations per year.

Conveniently situated across the street from Rite Aid Drug Store, the property offers ample parking with 27 spaces.

Located in a Center Designed Business District (CDD) Zone, 1610 Post Road enjoys a strategic location close to a variety of boutiques, high-end stores, and popular establishments such as Loft, Chico's, Apricot Lane, Starbucks, The Pantry, Morgan Stanley, Jos. A. Banks Clothing, Fidelity Investments, TD Bank, Fairfield University Bookstore, Fairfield Theater Company, and Sacred Heart University Community Theater. Accessibility is further enhanced by shuttle services provided by Fairfield University and Sacred Heart University, catering to a combined student population of over 16,000. The property is conveniently positioned next to the Fairfield Metro-North Train Station, just minutes away from I-95 (Exit 21), and steps away from a Greater Bridgeport Transit Bus Stop at Post Road and Ruane Street.

Don't pass up this incredible investment opportunity in a prime location boasting high visibility, substantial foot traffic, and a thriving commercial community.

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

DOCUMENTS

LISTING BROKER
Jon Angel

President
Angel Commercial, LLC

PROPERTY DETAILS 

Financial Information
Sale Price: $2,850,000
Real Estate Taxes: $30,811.20 (2023)
Projected NOI: $180,792
Cap Rate: 6.34%
The Site
Total Building Size: 4,500 SF
Land: 0.35 Acres
Zoning: Center Designed Business District (CDD) Zone
Year Built: 1929, Renovated 2004
Construction: Brick/Masonry
Stories: One
Tenancy: Multiple
Features
Traffic Count: 19,262 Average Traffic Volume
Parking: 27 Spaces
Amenities: Handicap Accessible
Utilities
Water/Sewer: City/City
A/C: Central Air Conditioning
Heat: Gas
Demographics 1 Mile 5 Mile
Population: 9.587k 52.3k
Median HH Income: $164k $124k
MAP - 250 Lordship Blvd., Stratford, CT

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