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90 Grove St Condo Portfolio

9 Office Properties Offered at $3,795,000 in Ridgefield, CT

Office Space Connecticut Ridgefield 90 Grove St Condo Portfolio

Investment Highlights

  • This is a stable investment opportunity with 95% of the portfolio leased to a diversified group of high-quality tenants, with strong leasing history.
  • The Executive Pavilion is a Class A office building in the heart of Ridgefield.
  • Investing in an office condo portfolio is akin to a low-maintenance, income-generating partnership with professional tenants.
  • Investments in top-tier tenant fit-outs can boost property value and attract and retain high-quality tenants
  • The Executive Pavilion is conveniently located near I-84, Route 7, and I-684, providing excellent accessibility for commuters.

Executive Summary

Coldwell Banker Commercial is pleased to present a stabilized Class A office portfolio for sale in Ridgefield. The building features a welcoming lobby with digital directory, fitness center, shared conference room, and ample parking. This low maintenance investment property is located in downtown Ridgefield near shops, restaurants and more.
The portfolio consist of 13 units which make up 23,735 RSF with an 95% occupancy rate and NOI of $268,473. Excellent value-add opportunity.

Attachments

Executive Pavillion Portfolio - Brochure

Property Facts

Price $3,795,000 Status Active
Price / SF $162.84 / SF Number of Properties 9
Cap Rate 7.07% Individually For Sale 0
Sale Type Investment Total Building Size 23,305 SF
Price $3,795,000
Price / SF $162.84 / SF
Cap Rate 7.07%
Sale Type Investment
Status Active
Number of Properties 9
Individually For Sale 0
Total Building Size 23,305 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
Executive Pavilion
90 Grove St, 2nd Floor - Unit 206-207, Ridgefield, CT 06877 		Office Condo 4,907 SF 1986 -
Executive Pavilion
90 Grove St, 1st Floor - Unit 105, Ridgefield, CT 06877 		Office Condo 1,408 SF 1986 -
Executive Pavilion
90 Grove St, 2nd Floor - Unit 205, Ridgefield, CT 06877 		Office Condo 1,264 SF 1986 -
Executive Pavilion
90 Grove St, 1st Floor - Unit 108-109, Ridgefield, CT 06877 		Office Condo 2,362 SF 1986 -
Executive Pavilion
90 Grove St, 1st Floor - Unit 01, Ridgefield, CT 06877 		Office Condo 1,298 SF 1986 -
Executive Pavilion
90 Grove St, 2nd Floor - Unit 210, Ridgefield, CT 06877 		Office Condo 925 SF 1986 -
Executive Pavilion
90 Grove St, 1st Floor - Unit 02, Ridgefield, CT 06877 		Office Condo 1,290 SF 1986 -
Executive Pavilion
90 Grove St, 1st Floor - Unit 03, Ridgefield, CT 06877 		Office Condo 1,714 SF 1986 -
Executive Pavilion
90 Grove St, 2nd Floor - Unit 201-204, Ridgefield, CT 06877 		Office Condo 8,137 SF 1986 -
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Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Security System
  • Direct Elevator Exposure
  • Air Conditioning
(203) 948-7870

Contact

  • Listing ID: 28760806

  • Date on Market: 12/14/2022

  • Last Updated:

  • Address: 90 Grove St Condo Portfolio, Ridgefield, CT

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90 Grove St Condo Portfolio
(203) 948-7870 x

90 Grove St Condo Portfolio

Dan Sousa

(203) 948-7870

(203) 948-7870

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