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1761 Post Rd
Fairfield, CT 06824
Key Bank · Retail Property For Sale
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
$8,904,006 CAD
Price Per SF
$2,786.86 CAD
Cap Rate
6%
NOI
$534,316 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.36 AC
Zoning
CDBD
Property Taxes
| Parcel Number | FAIR-000180-000000-000140 | Improvements Assessment | $1,974,899 CAD |
| Land Assessment | $3,386,507 CAD | Total Assessment | $5,361,405 CAD |
Property Taxes
Parcel Number
FAIR-000180-000000-000140
Land Assessment
$3,386,507 CAD
Improvements Assessment
$1,974,899 CAD
Total Assessment
$5,361,405 CAD
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