325 Boston Ave Bridgeport, CT 06610
- Retail properties
- 1,440 SF
- 0.34 lot acres
Current Use by Public Records
- KFC / Fast Food Restaurant / Chicken Restaurant
Property Details for 325 Boston Ave
- Lot size
- 0.34 lot acres
- Property size
- 1,440 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a 1,440 square foot Kentucky Fried Chicken restaurant located at 325 Boston Ave, Bridgeport, CT 06610. Boasting a strong 5.31% cap rate and a substantial net operating income (NOI) of $87,641, this property offers significant return potential. The property sits on a 0.34-acre lot with 9 on-site parking spaces, strategically positioned at a five-way traffic-lit intersection ensuring high visibility. The tenant, a well-established franchise operator with over 50 Yum! Brands locations, provides a full guaranty and has a lease with over six years remaining, plus three, three-year options. The location benefits from a daily traffic volume exceeding 15,064 vehicles and enjoys convenient access to major roadways including Route 1, Route 8, and I-95, serving a mix of residential and commercial areas. The property's APN is BRID-000061-002016-000001. This is a rare chance to acquire a stable, high-performing restaurant property in a desirable location. The asking price is $1,650,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bridgeport
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.1834
- Latitude
- 41.2006
