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303 Tunxis Hill Rd
Fairfield, CT 06825
T.J. Maxx · Retail Property For Sale
Executive Summary
Located in Tunxis Hill Fairfield CT, this prime retail investment offers a rare covered land play in Connecticut’s premiere market. The property features a 29,400 sqft TJ Maxx building and a 3,200 sqft LC Chen's restaurant on a 3.37-acre lot. TJ Maxx boasts strong sales, with a lease renewal option approaching, while LC Chen's has over 3 years left on their lease. The lot also presents potential for redevelopment. With minimal landlord responsibilities, 100% occupancy, and a high-traffic location in one of Fairfield's most desirable retail areas, this property is an attractive investment. Situated in a dense residential neighborhood with high-income demographics, the site benefits from excellent visibility and strong traffic flow. Don't miss this chance to own a piece of the thriving retail market at 425 & 303 Tunxis Hill Cutoff Road in Fairfield, CT. Offered at $8,000,000, this property presents a lucrative opportunity for investors seeking a covered land play in a flourishing retail market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
32,600 SF
Building Class
C
Year Built/Renovated
1963/2016
Price
$11,190,960 CAD
Price Per SF
$343.28 CAD
Cap Rate
6.77%
NOI
$757,628 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
3.37 AC
Zoning
DCD
Property Taxes
| Parcel Number | FAIR-000077-000000-000199 | Improvements Assessment | $3,474,038 CAD |
| Land Assessment | $2,993,736 CAD | Total Assessment | $6,467,773 CAD |
Property Taxes
Parcel Number
FAIR-000077-000000-000199
Land Assessment
$2,993,736 CAD
Improvements Assessment
$3,474,038 CAD
Total Assessment
$6,467,773 CAD
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