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2119 Post Rd

7,480 SF 100% Leased Office Building Fairfield, CT 06824 $2,400,000 ($321/SF) 6.72% Cap Rate

INVESTMENT HIGHLIGHTS

  • Fully Leased – 6,490 SF medical/office building with a 6.7% cap rate and a projected 2026 NOI of $161,264, ensuring steady income.
  • Stable Tenants – Medical, fitness, and dance studio tenants, providing reliable cash flow.
  • Great Access – Minutes from I-95, train stations, and bus routes, ensuring easy commuting for tenants and visitors.
  • Prime Location – Downtown Fairfield near Southport, offering high visibility and access to a strong commercial market.
  • Growth Potential – Steps from a planned 76,600 SF mixed-use development, boosting future demand and value.
  • Flexible Zoning – DCD & Residential B zoning allow for medical, office, and retail use, offering leasing versatility.

EXECUTIVE SUMMARY

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer a fully-leased 6,490 SF medical/office building at 2119 Post Road, Fairfield, CT, for sale at $2,400,000. This turnkey investment property is projected to generate a 2026 Net Operating Income (NOI) of $161,264, reflecting a 6.7% cap rate.
This two-story building, constructed in 1989, is fully leased to three tenants: Connecticut Retina Consultants, a long-term medical tenant, occupies the second floor; Make a Step, LLC, a dance studio, leases the first floor; while Lifted Strength + Wellness, a personal training and wellness center, occupies the lower level. With Designed Commercial District (DCD) and Residential B (B) zoning, the property allows for medical, office, and retail uses, offering flexibility for future leasing. Additional features include a private parking lot, monument signage, a wet sprinkler system, and a pass-through elevator.
Located in downtown Fairfield near Southport, 2119 Post Road offers exceptional visibility and accessibility in a high-demand commercial market. The property is steps from a proposed 76,600 SF mixed-use development at 2179 and 2199 Post Road and 29 Fairfield Place, which will include a mix of retail stores and 40 residential units, further enhancing the area's growth and vibrancy. Conveniently situated just minutes from I-95 (Exits 19, 20, and 21), it provides easy access to the Southport and Fairfield Train Stations, making it an ideal location for commuters. A Greater Bridgeport Transit bus stop is also just steps away, offering additional transportation options. The surrounding area features a variety of well-established businesses and amenities, including Blackstone Grille, Delamar Hotel, Geronimo’s, Fairfield Sportsplex, M&T Bank, FedEx, and UPS, ensuring a steady flow of activity and demand.
This offering presents an attractive opportunity for investors seeking consistent cash flow, a strategically located property, and a prime position in one of Fairfield County’s strongest commercial corridors. For more information, please contact Eva Kornreich, Vice President, Angel Commercial, LLC at (203) 335-6600, Ext.23.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,480 SF
Building Class
C
Year Built
1989
Price
$2,400,000
Price Per SF
$321
Cap Rate
6.72%
NOI
$161,264
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,245 SF
Building FAR
0.45
Lot Size
0.38 AC
Zoning
DCD & B - Designed Commercial District (DCD) & Residential B (B)
Parking
30 Spaces (4.62 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Connecticut Retina Consultants,
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
  • Lifted Strength + Wellness
  • Services
  • 99,999 SF
  • -
  • -
  • Make a Step, LLC
  • Services
  • 99,999 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Connecticut Retina Consultants, Health Care and Social Assistance 99,999 SF - -
Lifted Strength + Wellness Services 99,999 SF - -
Make a Step, LLC Services 99,999 SF - -
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FAIR-000231-000000-000338
Land Assessment
$754,460
Improvements Assessment
$689,990
Total Assessment
$1,444,450
  • Listing ID: 30896214

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 2119 Post Rd, Fairfield, CT 06824

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