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3266 Post Rd

8,736 SF 100% Leased Retail Building Southport, CT 06890 £1,956,125 (£224/SF) 5.55% Net Initial Yield

Investment Highlights

  • Value-Add Opportunity
  • Attractive Location For High Profile Tenants
  • Affluent Demographics
  • Net Leases
  • Potential Redevelopment Opportunity Promising
  • Strategic Location High

Executive Summary

The property features two (2) buildings leased to two (2) tenants across 8,490 SF on net leases across 0.43 acres.
This exceptionally located property offers a prime investment opportunity in one of Fairfield County's most desirable coastal
communities. The property is strategically positioned along US Route-1 (Post Road), a major thoroughfare in Southport, providing
excellent visibility and easy access to both local amenities, the broader Fairfield County area, and regional metro areas.
Southport is known for its historic charm, affluent population, and proximity to the Long Island Sound, making it a highly sought-after
location for both residential and commercial real estate. The area boasts a strong demographic profile, with high median household
incomes and a well-educated workforce, further enhancing the property's appeal.
3266 Post Road is ideally suited for a variety of uses, including retail, office, or mixed-use development. The building itself is well maintained
and features ample parking, modern infrastructure, and flexible interior spaces that can be adapted to meet the needs of
various tenants. Additionally, the property's location in a vibrant and growing community ensures strong demand and long-term value
appreciation.
This offering presents a unique chance to acquire a high-quality asset in a market with limited inventory and strong economic
fundamentals. Investors and owner-operators alike will appreciate the potential for stable cash flow and significant upside.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
8,736 SF
Building Class
C
Year Built/Renovated
1947/2007
Price
£1,956,125
Price Per SF
£224
Net Initial Yield
5.55%
NOI
£108,478
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.40
Land Acres
0.50 AC
Zoning
DCD - Approved Auto Repair, Retail, Commercial
Parking
12 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
130 ft on Post Road - US 1

Amenities

  • Freeway Visibility
  • Roof Lights
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FAIR-000243-000000-000127
Land Assessment
£718,602
Improvements Assessment
£209,227
Total Assessment
£927,829
  • Listing ID: 33109078

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 3266 Post Rd, Southport, CT 06890

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