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Key Bank 1761 Post Rd 3,195 SF Retail Building Fairfield, CT 06824 $8,581,233 CAD ($2,685.83 CAD/SF) 6% Cap Rate



Investment Highlights
- Long Term Tenant
- Corporate Guarantee
- Outstanding Demographics
- Zero Landlord Responsibilities
- Strategic Retail Location
- High Traffic Counts
Executive Summary
Horvath & Tremblay is pleased to present the opportunity to purchase a KeyBank Ground Lease located at 1761 Post Road in Fairfield, Connecticut (the “Property”). KeyBank has been at this location since 2005 and recently exercised their renewal option demonstrating their commitment to the site and the market. KeyBank has 5+ years remaining on their Absolute NNN Ground Lease. KeyBank is positioned at the signalized intersection of Mill Plain Road and Post Road (US Route 1), the area’s primary commercial and commuter corridor. The Property lies in the heart of Downtown Fairfield and enjoys outstanding visibility and frontage. KeyBank is seconds from Interstate 95 and the Fairfield Train Station with direct service to Manhattan’s Grand Central Station and is surrounded by numerous businesses and retailers, all of which drive traffic to the area. The Property also offers convenient access to area schools and densely developed residential neighborhoods that provide a built-in customer base.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,195 SF
Building Class
B
Year Built
2007
Price
$8,581,233 CAD
Price Per SF
$2,685.83 CAD
Cap Rate
6%
NOI
$514,947 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.36 AC
Zoning
CDBD
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | FAIR-000180-000000-000140 | Improvements Assessment | $1,931,086 CAD |
| Land Assessment | $3,311,377 CAD | Total Assessment | $5,242,463 CAD |
Property Taxes
Parcel Number
FAIR-000180-000000-000140
Land Assessment
$3,311,377 CAD
Improvements Assessment
$1,931,086 CAD
Total Assessment
$5,242,463 CAD
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Presented by
Key Bank | 1761 Post Rd
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