For Sale Details
$331.03 / SF
- Property Type Mixed-Use, Office, Retail
- Sale Type Investment
- Status Active
- Created 01/12/23
- Updated 01/12/23
About 735-737 Villa Avenue, Fairfield, CT 06825
Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer a fully leased retail/office building at 735-737 Villa Avenue in Fairfield, CT, for sale at $1,200,000. The 3,625 SF building is in a prime commuter location, minutes from I-95 and the Fairfield Metro Train Station. The first floor is leased to SoapBox Laundromat and the second floor is leased to MavinGreen LLC, an accounting firm. The Projected 2023 Net Operating Income is $83,874 and the Cap Rate is 6.99%.
There is abundant parking with 47 shared spaces on the 0.63-acre property. A second opportunity, located at 226 Kings Highway East, is a multi-use building with a retail store on the first floor and five fully leased residential apartments on the second floor. It is also currently for sale at $2.2 million.
The building is across the street from Super Stop & Shop and Starbucks, and near Walgreens, Meineke Car Care Center, Nutmeg Bowl, Chaves Bakery & Deli, and the new Floor & Décor and Aldi Supermarket.
735-737 Villa Avenue in Fairfield, CT, is 1.2 miles from I-95 (Exit 24), 1.4 miles to the Fairfield Metro Train Station, and 2 miles to the Route 8 Connector to Route 25 and the Merritt Parkway.
For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.
- Tenancy: Multitenant
- Building Area (SF): 3,625
- Year Built: 1992
- Number of Stories: 2
- Number of Buildings: 1
- Parking Count: 47
- Acreage: 0.63
- Gas: Yes
- Sewage System: Public Sewer
- Water System: Public Water
- Net Operating Income: $83,874
- Cap Rate: 6.9%
- Financials Based On: Pro Forma
- Financials Year: 2023
- Occupancy Percent: 100%
Documents for 735-737 Villa Avenue, Fairfield, CT 06825FACT SHEET- FOR SALE - 735-737 Villa Avenue,, Fairfield, CT.pdf OFFERING BROCHURE - FOR SALE - 735-737 Villa Avenue,, Fairfield, CT.pdf
The Mixed-Use, Office, Retail property at 735-737 Villa Avenue, Fairfield, CT 06825 is currently available for sale. Contact Jon Angel from Angel Commercial, LLC for more information.