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Fountain Square 745-801 Bridgeport Ave 91,288 SF 100% Leased Retail Building Shelton, CT 06484 For Sale
Investment Highlights
- Strong Tenant Roster
- Long Term Leases
- Minimal Management Responsibilities
- Dynamic Anchor Tenants
- Schedule Rent Increases
- Strategic Retail Location
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase Fountain Square, a new construction shopping center located at 745-801 Bridgeport Avenue in Shelton, Connecticut (the “Property”). The Property, when fully completed, will consist of a 91,288 square foot grocery anchored shopping center positioned on 15.85-acres of land. The Property is leased to a mix of twenty-six (26) national and local retailers, and two (2) vacant units. Fountain Square benefits from a modern architectural design, high-end construction, meticulous planning during development with two points of access, and visibility and frontage that have been maximized by each building’s positioning on the site. Fountain Square also offers beautifully manicured grounds and grandiose fountains at the primary entrance. Fountain Square is extremely well located at the center of a busy retail, medical and corporate office corridor along Bridgeport Avenue between Route 8 and the Trapp Falls Reservoir in Fairfield County. The destination trade area serves the surrounding towns of Seymour, Ansonia, Derby, Monroe, and Trumbull, as well as travelers on CT Route 8, a primary commuter highway serving over 66,000 vehicles per day. Fountain Square is surrounded by high-end office buildings with a captive employment base, national retailers and restaurants, and luxury apartment communities that drive traffic to the immediate area.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
91,288 SF
Building Class
C
Year Built
2022
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
15.85 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cava
- Accommodation and Food Services
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- Chick-fil-A
- Accommodation and Food Services
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- Club Pilates
- Services
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- Consumer Cellular
- Retailer
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- European Wax Center
- Services
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- Jersey Mike's
- Accommodation and Food Services
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- Panera Bread
- Accommodation and Food Services
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- The Goddard School
- Educational Services
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- Trader Joe's
- Retailer
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- Yale New Haven Health
- Health Care and Social Assistance
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cava | Accommodation and Food Services | - | - | - | ||
| Chick-fil-A | Accommodation and Food Services | - | - | - | ||
| Club Pilates | Services | - | - | - | ||
| Consumer Cellular | Retailer | - | - | - | ||
| European Wax Center | Services | - | - | - | ||
| Jersey Mike's | Accommodation and Food Services | - | - | - | ||
| Panera Bread | Accommodation and Food Services | - | - | - | ||
| The Goddard School | Educational Services | - | - | - | ||
| Trader Joe's | Retailer | - | - | - | ||
| Yale New Haven Health | Health Care and Social Assistance | - | - | - |
Nearby Major Retailers
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Fountain Square | 745-801 Bridgeport Ave
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