2145 Fairfield Ave | Bridgeport, CT 06605
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- LoopNet Team
2145 Fairfield Ave
Bridgeport, CT 06605
Stop & Shop Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- SINGLE-TENANT GROUND LEASE GROCERY ASSET 100% OCCUPIED BY STOP & SHOP, a valuable necessity-based shopping draw
- STRATEGICALLY-LOCATED IN BRIDGEPORT, CONNECTICUT, ADJACENT TO THE WATERFRONT, which is currently undergoing a $750 million planned mixed-use redevelop
- BOLSTERING THE EXISTING STABILITY OF STOP & SHOP WITHIN ITS PRIMARY NNN LEASE TERM, THE ASSET BOASTS A RENT ESCALATION IN 2022
- EXCELLENT FUNDAMENTALS, INCLUDING OVER FIVE (5) YEARS OF REMAINING LEASE TERM, strong sales and a lease guaranteed by parent company, Ahold Delhaize
- SITUATED WITHIN A DENSE, AFFLUENT COMMUNITY, characterized by a growing population of 236,905 within a 5-mile radius and an Avg. HH Income of $96,817
- WELL-POSITIONED JUST MINUTES FROM THE US-1 RETAIL CORRIDOR & I95 (137,000 VPD) and within convenient walking distance of 703 multifamily units
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
54,510 SF
Building Class
A
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
7.50 AC
Zoning
OR-G - Office/Retail General Zone
Parking
384 Spaces (7.04 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Pylon Sign
PROPERTY TAXES
| Parcel Number | BRID-000309A-000001 | Improvements Assessment | $3,513,120 |
| Land Assessment | $3,171,880 | Total Assessment | $6,685,000 |
PROPERTY TAXES
Parcel Number
BRID-000309A-000001
Land Assessment
$3,171,880
Improvements Assessment
$3,513,120
Total Assessment
$6,685,000
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