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Property profile & analytics
FOR LEASE
Showrooms

1320 Kings Highway Cutoff Fairfield, CT 06824

5,440 SF 0.89 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US15-0278918
Property summary
AI-generated overview

This exceptional 5,400-square-foot freestanding retail building in Fairfield, Connecticut, presents a prime leasing opportunity. Located on 0.89 acres at 1320 Kings Highway Cutoff, this single-story, 1991-built structure offers a convenient drive-thru with three bays, a drive-up ATM, and a night depository. The building boasts 38 surface parking spaces and prominent pylon signage, ensuring high visibility. With 143 linear feet of frontage, the property benefits from two ingress/egress points. The interior features an open layout, including teller stations, perimeter offices/cubicles, a kitchenette, two secure deposit rooms, and two restrooms. Currently vacant, the space is divisible to 2,700 square feet. Zoned for Designed Commercial District (DCD), permitted uses are diverse, including retail, professional, and office spaces such as bakeries, restaurants, medical facilities, and more. The property enjoys excellent accessibility, minutes from I-95 (Exit 22), and close proximity to the Fairfield Metro and Fairfield Train Stations, as well as the Greater Bridgeport Transit Bus Line. Nearby establishments include Stop & Shop, DSW, CVS, Marshalls, McDonald's, Chick-fil-A, and a new RH Outlet. The lease rate is $60 per square foot, NNN.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,440 SF
Lot 0.89 ac (38,875 SF)
Zoning code I1
APN FAIR M:141 B:67
UPID US15-0278918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bank of America ATM (Drive-thru) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$2.12M
Owner & transaction history
1320 Khc Associates LLC · 3 yrs held
1320 Khc Associates LLC
since 2022
Last sale
$1.8M
4 recorded transactions
2022
$1.8M
2001
Price N/A
1991
Price N/A
1989
Price N/A
Zoning & alternative use
I1 · Fairfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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