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    1505 Post Rd Westport, CT 06880

    Sponsored
    For Lease
    $45 SF/Yr

    Prime Westport location, 8,000 sq ft, immediate occupancy.

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8,000 square foot free-standing building, located at 1505 Post Road East in Westport, Connecticut, presents a unique investment opportunity. Currently available for sale at a reduced price of $3,995,000 (previously listed at $4,500,000), this property offers significant potential. The building is classified as retail and office space, specifically an executive office suite, and is situated on a high-visibility corner lot at the intersection of Post Road East and Maple Avenue. Benefitting from excellent visibility and high traffic counts, the property boasts ample parking with a ratio of 5.5 spaces per 1,000 square feet, ensuring convenient access for tenants and clients. The building is entirely vacant, offering 8,000 square feet of readily available space. The space is divisible, allowing for approximately 3,000 square foot units. Located in Fairfield County, Connecticut, zip code 06880, this property enjoys a strong demographic profile. The asking rent is competitively priced at $45 per square foot, triple net (NNN), making it an attractive proposition for potential tenants. Immediate occupancy is available.

    Property Features for 1505 Post Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF
    Total Rate
    30000

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    8,000 SF
    Rate per SF
    $45

    HighLights

    • Sale Price: $3,995,000
    • 8,000 SF (Divisible to 3,000 SF) First Floor Retail/Office Space
    • Lease Rate: $45/SF, NNN
    • Free‑Standing Building
    • Ample Parking (5.5 spaces per 1,000 SF)
    • High Visibility Corner Lot at Post Road East & Maple Avenue
    Property Profile Location Intelligence

    Current Use by Public Records

    Rachel Knoll, DO Family Practice Physician Andrew Wong, MD Internist Maryam Syed, DO Family Practice Physician Hartford HealthCare Medical ... Medical Clinic Steven Thau, MD Pulmonologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Westport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.3116856
    Latitude
    41.1389191

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Westport location, 8,000 sq ft, immediate occupancy.
    Where is this office property / space located?
    The property is located at 1505 Post Rd Westport, CT.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: Sale Price: $3,995,000; 8,000 SF (Divisible to 3,000 SF) First Floor Retail/Office Space; Lease Rate: $45/SF, NNN
    Request Owner's contact information
    1505 Post Rd Westport, CT 06880
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    Westport, CT 06880
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1505 Post Rd Westport, CT 06880
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