1 Sasco Hl Rd Fairfield, CT 06824-5670

Property Details for 1 Sasco Hl Rd

Year built

2013

Construction

FRAME

Lot size

0.92 lot acres

Property size

18,550 SF

Zone code

DCD

Property type

Showrooms

APN

FAIR M:231 B:351

APU

FAIRM231B351

Description

This exceptional two-story, 18,775 square foot shopping center in Fairfield, CT, presents a compelling investment opportunity. Boasting a 7.50% cap rate and a strong NOI of $615,000, this multi-tenant property is currently 100% occupied by six diverse tenants, with 55% dedicated to medical uses and 45% to service and business tenants. Located at 1 Sasco Hill Rd, 06824, in Fairfield County, this prime retail space benefits from its strategic location on a high-traffic corridor with excellent visibility and convenient access to I-95. The property includes 96 parking spaces, ensuring ample convenience for customers and employees. Fairfield's affluent demographics, high median household income, and strong purchasing power create a stable and reliable customer base. The center's proximity to established residential neighborhoods and other major business centers further enhances its appeal. This thriving location, surrounded by complementary businesses and national retailers, offers a synergistic environment and consistent foot traffic. The steadily growing and diversifying population of Fairfield presents ongoing opportunities for continued success. The asking price for this exceptional investment is $8,200,000.

Location Insight

City

Fairfield

County

Fairfield

State

Connecticut

Longitude

-73.2724

Latitude

41.1397

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments