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    418 Meadow St Fairfield, CT 06824

    For Lease
    $23 SF/Yr

    Class A Office Suites near I-95

    Lot size:
    24,305 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Fairfield, CT property offers 24,305 square feet of Class A office and warehouse space in a two-story building, built in 1989, situated on a 1.05-acre lot. The property is zoned DI and features two suites available, with a minimum divisible space of 2,300 square feet and a maximum contiguous space of 3,228 square feet. Currently, 5,528 square feet are vacant. Suite 202 (2,300 sq ft) is available for sublease until June 30, 2027, with potential extension, offering five private offices, an open office area, a conference room, and two restrooms. Suite 203 (3,228 sq ft) is available for lease and includes a reception area, six private offices, a kitchenette, a private restroom, and open office areas. Both suites boast modern amenities including AtmosAir™ Indoor Environmental Purification Systems. Building amenities include central air conditioning, a wet sprinkler system, and a security alarm system. Sixty parking spaces are available for shared use. The location provides convenient access to I-95 (Exits 23 & 24) and the Fairfield Metro Train Station (half a mile away), as well as numerous nearby amenities including Staples, Home Depot, Whole Foods Market, and more. Lease rates start at $23 per square foot gross plus utilities (sublease) and $25 per square foot gross plus utilities (lease).

    Property Features for 418 Meadow St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,305 SF
    Class
    A
    Total Rate
    46584.58

    Building Details

    Year Built
    1989
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 202
    Size
    2,300 SF
    Rate per SF
    $23

    HighLights

    • Class A, 24,305 SF two‑story office/warehouse building in Fairfield, CT.
    • Two suites available: 3,228 SF (lease) and 2,300 SF (sublease until 6/30/2027, extension possible).
    • Minimum divisible space: 2,300 SF; maximum contiguous space: 3,228 SF.
    • Building features central A/C, wet sprinkler system, security system, and AtmosAir IAQ systems.
    • 60 parking spaces available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multi Family Investment Investment Bank Chaves & Associates Employment Agency Cimbali USA Corporate Office Convexity Scientific Corporate Office Fairfield Public Schools ... City Government Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2392743
    Latitude
    41.1627712

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    FAQs

    What type of property is this?
    Office space - Class A Office Suites near I-95
    Where is this office space located?
    The property is located at 418 Meadow St Fairfield, CT.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Class A, 24,305 SF two-story office/warehouse building in Fairfield, CT.; Two suites available: 3,228 SF (lease) and 2,300 SF (sublease until 6/30/2027, extension possible).; Minimum divisible space: 2,300 SF; maximum contiguous space: 3,228 SF.
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    Fairfield, CT 06824
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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
    418 Meadow St Fairfield, CT 06824
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