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Chick-Fil-A 801 Bridgeport Ave 5,600 SF Retail Building Shelton, CT 06484 $6,596,578 CAD ($1,177.96 CAD/SF) 4.15% Cap Rate

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Investment Highlights

New Construction
Minimal Landlord Responsibilities
Prime Retail Location

Long-Term Lease with Increases
Dynamic Corporate Tenant
Corporate Office Corridor

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a newer construction Chick-fil-A ground lease located at 801 Bridgeport Avenue in Shelton, Connecticut (the “Property”). Chick-fil-A 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, Panera Bread, Goddard School, Yale New Haven Health Urgent Care, My Eye Dr., Cava, Jersey Mike’s, Tropical Smoothie, Consumer Cellular, Sport Clips, and Crumbl Cookies. The Chick-fil-A 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

Property Type

Retail

Property Subtype

Fast Food

Building Size

5,600 SF

Building Class

Year Built

2023

Price

$6,596,578 CAD

Price Per SF

$1,177.96 CAD

Cap Rate

4.15%

NOI

$273,758 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.12

Lot Size

1.05 AC

Zoning

IA-2

Frontage

138’ on Bridgeport Ave

Bus Line

Signage

Drive Thru

Major Tenants

Accommodation and Food Services
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Chick-fil-A is a privately held quick-service restaurant chain best known for its chicken sandwiches and customer service. Founded in 1946 by S. Truett Cathy in Hapeville, Georgia, the company has grown into one of the largest fast-food brands in the United States, with thousands of locations nationwide. Headquartered in College Park, Georgia, Chick-fil-A operates under a unique corporate culture that emphasizes hospitality and community engagement. The company is notable for its policy of closing all locations on Sundays, a practice rooted in its founder’s principles. Chick-fil-A’s menu centers on chicken-based offerings, including sandwiches, nuggets, and salads, complemented by signature waffle fries and beverages. In addition to its domestic presence, the brand has expanded internationally with select locations in Canada and the United Kingdom. The company remains family-owned and privately held.