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795 Bridgeport Ave 801 Bridgeport Ave 14,193 SF 78% Leased Retail Building Shelton, CT 06484 $11,243,371 CAD ($792.18 CAD/SF) 6.50% Cap Rate

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Investment Highlights

New Construction
Minimal Management Responsibilities
Prime Retail Location

Long-Term Leases with Increases
Dynamic Corporate Tenants
Corporate Office Corridor

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a new construction retail strip center located at 795 Bridgeport Avenue in Shelton, Connecticut (the “Property”). The retail building consists of 14,193 square feet and is 100% leased to seven tenants. The building, anchored by Yale New Haven Health Urgent Care and Consumer Cellular, is a pad site within Fountain Square, a new construction shopping center that consists of a 91,288 square foot shopping center positioned on 15.85-acres of land. Other notable tenants within Fountain Square include Trader Joe’s, Chick-fil-A, Goddard School, Panera Bread, Jersey Mike’s, Cava, Tropical Smoothie, Sport Clips, and Crumbl Cookies. 795 Bridgeport Avenue 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

Retail

Property Subtype

Freestanding

Building Size

14,193 SF

Building Class

Year Built

2023

Price

$11,243,371 CAD

Price Per SF

$792.18 CAD

Cap Rate

6.50%

NOI

$730,819 CAD

Percent Leased

78%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.20

Lot Size

1.61 AC

Zoning

IA-2 - Industrial Zoning

Major Tenants

Consumer Cellular
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Jersey Mike's
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My Eye Dr.
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Playa Bowls
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Accommodation and Food Services
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Oct 2030

Pokémoto is a rapidly expanding privately held Hawaiian-style poke bowl franchise. The brand emphasizes customizable bowls, burritos, and salads featuring proteins like ahi tuna, salmon, shrimp, chicken, tofu, and lobster, paired with mix-ins and sauces such as spicy mayo, umami shoyu, and creamy miso. Additional offerings include Hawaiian musubi, hot plates (e.g., huli huli chicken, Luau pork), snacks, miso soup, and a variety of bubble teas. Pokémoto first entered the Connecticut market with locations in Colchester, Middletown, and other towns, and opened its first New York location in White Plains in January 2023. It operates across more than 16 states with over 50 franchise agreements. The company promotes itself as a healthy, quick-service option and offers an in-app/text loyalty program. It operates through a franchise model, with individual outlets each independently run and branded under the Pokémoto umbrella.

Arts, Entertainment, and Recreation
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StretchLab's methodology was designed to help people achieve their wellness goals through customized, assisted stretch sessions. No bodies are the same, so neither is a session at StretchLab. Their certified stretch practitioners start with identifying tightness and imbalances, and end in improving mobility and flexibility. StretchLab members come to beat the pain - but they stay to become better versions of themselves for years to come, gaining the freedom to move and opening the doors to longevity in health.

Yale New Haven Urgent Care
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Tenant	Industry	SF Occupied	Rent/SF	Lease End
Consumer Cellular	-	-	-	-
Jersey Mike's	-	-	-	-
My Eye Dr.	-	-	-	-
Playa Bowls	-	-	-	-
	Accommodation and Food Services	-	-	Oct 2030
	Arts, Entertainment, and Recreation	-	-	-
Yale New Haven Urgent Care	-	-	-	-