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City MD | Rare Fairfield County 320 Kings Hwy E 6,568 SF Retail Building Fairfield, CT 06825 $5,462,295 CAD ($831.65 CAD/SF) 5.75% Cap Rate

Mixed Use Properties Connecticut Fairfield 320 Kings Hwy E, Fairfield, CT 06825

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INVESTMENT HIGHLIGHTS

  • Absolute Triple-Net (NNN) Investment There are zero landlord responsibilities on this lease, making it an extremely passive investment.
  • Brand New 2024 Construction with Attractive Rental Increases
  • Brand New 10-Year Lease with Full Corporate Guarantee

EXECUTIVE SUMMARY

SURMOUNT is pleased to present the exclusive listing for a CityMD Urgent Care located at 320 Kings Hwy E, Fairfield, CT 06825. The site consists of roughly 6,568 rentable square feet of building space on an estimated 0.31-acre parcel of land. This CityMD Urgent Care is subject to a 10-year Triple Net (NNN) lease, which commenced 9/30/2024. The current annual rent is $225,000 and has scheduled increases of 10.00% every 5 years.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,568 SF
Building Class
B
Year Built/Renovated
2002/2003
Price
$5,462,295 CAD
Price Per SF
$831.65 CAD
Cap Rate
5.75%
NOI
$314,082 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Lot Size
0.31 AC
Zoning
DCD - Low density central district.
Parking
16 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
50’ on Kings Highway East

AMENITIES

  • 24 Hour Access
1 1
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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NEARBY MAJOR RETAILERS

Planet Fitness
Stop & Shop
Fairfield County Bank
Orangetheory Fitness
Starbucks
Compare Foods
Chase Bank
TD Bank
Pure Barre

PROPERTY TAXES

Parcel Number FAIR-000040-000000-000337 Improvements Assessment $617,949 CAD
Land Assessment $629,730 CAD Total Assessment $1,247,679 CAD

PROPERTY TAXES

Parcel Number
FAIR-000040-000000-000337
Land Assessment
$629,730 CAD
Improvements Assessment
$617,949 CAD
Total Assessment
$1,247,679 CAD
(332) 345-4222

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Glen Kunofsky
    Glen Kunofsky
  • Anthony D'Ambrosia
    Anthony D'Ambrosia
  • Josh Kanter
    Josh Kanter
  • Richard Nardi
    Richard Nardi
  • Stewart Hickey
    Stewart Hickey

  • Listing ID: 33660147

  • Date on Market: 2024-10-28

  • Last Updated:

  • Address: 320 Kings Hwy E, Fairfield, CT 06825

The Retail Property at 320 Kings Hwy E, Fairfield, CT 06825 is currently available for Sale. Contact Surmount for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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City MD | Rare Fairfield County | 320 Kings Hwy E
(332) 345-4222 x

City MD | Rare Fairfield County | 320 Kings Hwy E

Glen Kunofsky
(332) 345-4222

Anthony D'Ambrosia
(203) 887-8797

Josh Kanter
(617) 865-1145

Richard Nardi
(332) 345-4220

Stewart Hickey
(332) 345-2408

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