735-737 Villa Avenue, Fairfield, CT 06825

735-737 Villa Avenue

 Fairfield, CT 06825

INVESTMENT OPPORTUNITY:
Fully Leased Retail/Office Building for Sale at $1,200,000

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer a fully leased retail/office building at 735-737 Villa Avenue in Fairfield, CT, for sale at $1,200,000. The 3,625 SF building is in a prime commuter location, minutes from I-95 and the Fairfield Metro Train Station. The first floor is leased to SoapBox Laundromat and the second floor is leased to MavinGreen LLC, an accounting firm. The Projected 2023 Net Operating Income is $83,874 and the Cap Rate is 6.99%.

There is abundant parking with 47 shared spaces on the 0.63-acre property. A second opportunity, located at 226 Kings Highway East, is a multi-use building with a retail store on the first floor and five fully leased residential apartments on the second floor. It is also currently for sale at $2.2 million.

The building is across the street from Super Stop & Shop and Starbucks, and near Walgreens, Meineke Car Care Center, Nutmeg Bowl, Chaves Bakery & Deli, and the new Floor & Décor and Aldi Supermarket.

735-737 Villa Avenue in Fairfield, CT, is 1.2 miles from I-95 (Exit 24), 1.4 miles to the Fairfield Metro Train Station, and 2 miles to the Route 8 Connector to Route 25 and the Merritt Parkway.

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 

STREET VIEW

Financial Information
Sale Price: $1,200,000
Real Estate Taxes: $10,222* (2023)
Common Charges: $2,298* (2023)
Projected Net Operating Income: $83,874* (2023)
Cap Rate: 6.99%
Occupancy: 100%

* Estimated

The Site
Building Size: 3,625 SF
Land: 0.63 Acres (Shared)
Zoning: Designed Commercial District (DCD)
Construction: Brick Veneer, Vinyl Siding
Year Built: 1992, Renovated 2023
Stories: Two
Tenancy: Multiple
Features
Traffic Count: 10,263 Average Daily Volume
Parking: 47 Spaces in Common
Utilities
Water/Sewer: City/City
A/C: Central Air­-Conditioning
Heating: Gas
Demographics 3 Miles 5 Miles
Population: 148k 250k
Median HH Income: $63k $68.5k

STREET VIEW

 MAPS

ROAD MAP

SATELLITE