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    New CityMD NNN Investment Title is generated by Realmo AI

    320 Kings Hwy E, Fairfield, CT

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    New 10-year NNN lease with corporate guarantee.

    Type:RETAIL
    Property size:
    6,568 SF
    Lot size:
    16.68 Acres
    Added:
    Jan 9, 2025
    Days on Market:
    521
    Last Refresh:
    May 20 at 9:13 pm

    Property Features for 320 Kings Hwy E

    General Information

    Standard status
    Active
    Size
    6,568 SF
    Lot size
    16.68 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Glen Kunofsky
    Glen Kunofsky

    Listing agent Glen Kunofsky License #49KU1129178

    Listing office NNN Pro Group

    Listing date Jan 9, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NNN Pro Group

    HighLights

    • Absolute Triple‑Net (NNN) Investment with zero landlord responsibilities.
    • Brand New 10‑Year Lease with Full Corporate Guarantee from CityMD.
    • Brand New 2024 Construction with state of the art buildout.
    • Attractive Rental Increases: 10% every 5 years, hedging against inflation.
    • Ideal Location for Urgent Care: Phenomenal population density (247,000+ in 5 miles).
    • High Income Area: Average Household Income of $101,650 within a five‑mile radius.

    Overview

    This is an absolute triple-net (NNN) investment property with zero landlord responsibilities, making it an extremely passive investment. CityMD has signed a brand new 10-year lease at this location, fully guaranteed by the corporate entity, which operates over 150 locations across New York and New Jersey. CityMD is the largest urgent care company in the New York Metropolitan area. The property features brand new 2024 construction with a state-of-the-art buildout for CityMD, and the new lease includes attractive rental increases of 10% every 5 years, providing a strong hedge against inflation. The property is ideally located for an urgent care concept, benefiting from phenomenal population density and income levels. The surrounding area has well above-average household income figures and is very densely populated, with over 247,000 residents in a five-mile radius and an average household income of $101,650. CityMD is well-positioned within this market to take advantage of the above-average income levels and strong population density. The property size is 6,568 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fairfield Family Dental ... Dental Office Family Dental Group ... Dental Office Advanced Neurotherapy LLC Physician Dr. Michael Nishi Dental Office Rose and Sophia Nails Nail Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • CVS — 961 Black Rock Tpke, Fairfield, CT 06825
    • CVS Pharmacy — 961 Black Rock Tpke, Fairfield, CT 06825
    • Albion hancock pharmacy — 2125 Fairfield Ave, Bridgeport, CT 06605
    • Walgreens Pharmacy — 414 Kings Hwy E, Fairfield, CT 06825
    • COVID-19 Drive-thru Testing at Walgreens — 414 Kings Hwy E, Fairfield, CT 06824

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2285
    Latitude
    41.1745

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    FAQs

    What type of property is this?
    Drug store - New 10-year NNN lease with corporate guarantee.
    Where is this drug store located?
    The property is located at 320 Kings Hwy E Fairfield, CT.
    What are key features of this property?
    This property features: Absolute Triple‑Net (NNN) Investment with zero landlord responsibilities.; Brand New 10‑Year Lease with Full Corporate Guarantee from CityMD.; **Brand New 2024 Construction with state of the art buildout.**
    (332) 345-2408 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Glen Kunofsky
    Glen Kunofsky
    Real Estate License ID: 49KU1129178
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