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City MD | Rare Fairfield County 320 Kings Hwy E

6,568 SF Retail Building Fairfield, CT 06825 £3,087,391 (£470/SF) 5.75% Net Initial Yield

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,568 SF
Building Class
B
Year Built
2003
Price
£3,087,391
Price Per SF
£470
Net Initial Yield
5.75%
NOI
£177,525
Tenancy
Single
Number of Floors
1
Building FAR
0.49
Land Acres
0.31 AC
Zoning
DCD - Low density central district.
Parking
16 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
50 ft on Kings Highway East

Amenities

  • 24 Hour Access
1 of 1
320 Kings Hwy E, Fairfield, CT - aerial map view
Walk Score ®
Very Walkable (80)
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.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Stop & Shop
Planet Fitness
Fusion Athletics Crossfit KMK
Fairfield County Bank
Orangetheory Fitness
ALDI
Starbucks
BJ's Optical
Compare Foods
Chase Bank

PROPERTY TAXES

Parcel Number FAIR-000040-000000-000337 Improvements Assessment £347,618
Land Assessment £354,245 Total Assessment £701,863

PROPERTY TAXES

Parcel Number
FAIR-000040-000000-000337
Land Assessment
£354,245
Improvements Assessment
£347,618
Total Assessment
£701,863
  • Glen Kunofsky
    Power Broker Glen Kunofsky
  • Anthony D'Ambrosia
    Anthony D'Ambrosia
  • Josh Kanter
    Josh Kanter
  • Richard Nardi
    Richard Nardi
  • Stewart Hickey
    Stewart Hickey
(332) 345-4222

  • Listing ID: 33660147

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 320 Kings Hwy E, Fairfield, CT 06825

The Retail Property at 320 Kings Hwy E, Fairfield, CT 06825 is currently available For Sale. Contact NNN Pro Group for more information.

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320 Kings Hwy E, Fairfield, CT for sale Building Photo- Image 1 of 3
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320 Kings Hwy E, Fairfield, CT for sale Aerial- Image 2 of 3
320 Kings Hwy E, Fairfiled, CT - ariel

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© 2024 CoStar Group

City MD | Rare Fairfield County | 320 Kings Hwy E
(332) 345-4222 x

City MD | Rare Fairfield County | 320 Kings Hwy E

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Anthony D'Ambrosia

(203) 887-8797

(203) 887-8797

Josh Kanter

(617) 865-1145

(617) 865-1145

Richard Nardi

(332) 345-4220

(332) 345-4220

Stewart Hickey

(332) 345-2408

(332) 345-2408

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