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New Trader Joe's in Shelton
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775 Bridgeport Ave, Shelton, CT 06484

New construction Trader Joe’s within Fountain Square shopping center.

Property Size13,931 SF
Lot Size15.85 Acres
Price / SF$589.47
Days on Market174

Property Features for 775 Bridgeport Ave

General Information

Standard status Active
Size 13,931 SF
Lot size 15.85 Acres
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $390,068

Building Details

Year Built 2025
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Feb 20 Changed: Aug 8 Last Checked: Aug 12 at 3:33PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

The property is a new construction Trader Joe’s located at 775 Bridgeport Avenue in Shelton, Connecticut. It is a pad site within Fountain Square, a new shopping center consisting of 91,288 square feet of retail space on 15.85 acres of land. Other tenants within Fountain Square include The Goddard School, Panera Bread, Yale New Haven Health Urgent Care, My Eye Dr., Chick-fil-A, Cava, Jersey Mike’s, Tropical Smoothie, Consumer Cellular, Sport Clips, and Crumbl Cookies. The property is located at the center of a 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 office buildings, retailers and restaurants, and apartment communities.

Key Highlights

  • New construction (2025) Trader Joe's pad site.
  • Located in Fountain Square, a 91,288 sq ft shopping center on 15.85 acres.
  • High‑traffic location on Bridgeport Avenue between Route 8 and Trapp Falls Reservoir.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Electrical Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Hertz Shops & Services
2,090 visits/mo 0.4 miles
Planet Pizza Dining
2,028 visits/mo 0.4 miles

Demographics for 06484, CT

40,869
Population
16,578
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
94%
High-School Grad
30.6 sq mi
ZIP Area
1,336
Density / Sq Mi
$114,739
Median Household Income
$62,338
Median Earnings
$1,661
Median Rent
$435,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - New construction Trader Joe’s within Fountain Square shopping center.
Where is this grocery and convenience store located?
The property is located at 775 Bridgeport Ave Shelton, CT.
What is the asking price?
The asking price for this property is $8,211,958.
What are key features of this property?
This property features: New construction (2025) Trader Joe's pad site.; Located in Fountain Square, a 91,288 sq ft shopping center on 15.85 acres.; High‑traffic location on Bridgeport Avenue between Route 8 and Trapp Falls Reservoir.
More about this property
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