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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

PROPERTY TAXES

Parcel Numbers
Multiple
  • BRID-000309B-000041A
  • BRID-000309A-000001
Land Assessment
$3,223,990
Improvements Assessment
$3,518,270
Total Assessment
$6,742,260
  • Listing ID: 23847217

  • Date on Market: 8/5/2021

  • Last Updated:

  • Address: 2145 Fairfield Ave, Bridgeport, CT 06605

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