320 Kings Hwy E - Storefront Retail/Office FOR SALE


Fairfield, CT 06825
$3,913,043 USD
332-345-4222
320 Kings Hwy E, Fairfield, CT for Sale
$3,913,043 USD
Storefront Retail/Office - FOR SALE
1/2
null | 5.75% Cap Rate

320 Kings Hwy E
Fairfield, CT 06825


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Investment There are zero landlord responsibilities on this lease, making it an extremely passive investment.
  • Brand New 10-Year Lease with Full Corporate Guarantee
  • Brand New 2024 Construction with Attractive Rental Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a CityMD Urgent Care located at 320 Kings Hwy E, Fairfield, CT 06825. The site consists of roughly 6,568 rentable square feet of building space on an estimated 0.31-acre parcel of land. This CityMD Urgent Care is subject to a 10-year Triple Net (NNN) lease, which commenced 9/30/2024. The current annual rent is $225,000 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$3,913,043 USD

PRICE/SF

$596 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

City MD | Rare Fairfield County

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

CROSS STREETS

Villa Ave

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

DCD

APN/PARCEL ID

FAIR-000040-000000-000337

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.