Lafayette Square | Office & Mixed-Use
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Lafayette Square | Office & Mixed-Use
2 Office Properties in Bridgeport, CT
Investment Highlights
- Attractive assumable financing at 4.81% with only 3+ years remaining (Cash Equivalency of over $1,500,00 in Savings)
- Easy proximity to waterfront, shopping & dining amenities
- Located in an Opportunity Zone
- 67% occupied with long-term tenants
- Walking distance to Bridgeport Train Station & Port Jefferson Ferry Terminal
- Annual Rent: $1,767,723
Executive Summary
Offer Deadline: March 13.
On-Site Inspections: By Appointment Only.
Hilco Real Estate and Cushman & Wakefield are pleased to present the opportunity to acquire Lafayette Square, a two-building investment opportunity on 1.95 acres that combines a central location with significant financial advantages of attractive assumable financing at 4.8%. The second structure is located directly in front of the main building - 360 Fairfield Avenue. It is a three-story, 8,968-square-foot, mixed-use retail and loft-style office that features a highly regarded Joseph’s Steakhouse as its ground floor tenant.
Conveniently located near waterfront attractions, shopping and dining, this property stands out for its strategic positioning. With its attractive financing, strong tenant base and ideal placement, this site proves to be a sound investment and an enticing prospect for those looking to enhance and lease up prime real estate.
Situated along Connecticut Route 8 and Route 25, the property seamlessly facilitates north and south travel throughout the state. One block south lies the major Interstate 95, enhancing the site’s potential by providing access to the skilled labor forces of both New Haven, CT, and New York. In addition to these well-connected roadways, Sikorski Airport is a mere 10-minute drive east while both New Haven's Tweed Airport and White Plains' Westchester County Airport are accessible in under an hour as well. Beyond the strategic transportation links, many key amenities are within walking distance. These include the Bridgeport train station, Port Jefferson Ferry terminal, city hall, district federal courthouse, state courthouse, post office and a host of new shops and businesses contributing to the revitalization of downtown Bridgeport.
Hilco Real Estate, LLC in cooperation with Joseph Caridi, Cushman Wakefield, CT Lic. #REB.0792991.
On-Site Inspections: By Appointment Only.
Hilco Real Estate and Cushman & Wakefield are pleased to present the opportunity to acquire Lafayette Square, a two-building investment opportunity on 1.95 acres that combines a central location with significant financial advantages of attractive assumable financing at 4.8%. The second structure is located directly in front of the main building - 360 Fairfield Avenue. It is a three-story, 8,968-square-foot, mixed-use retail and loft-style office that features a highly regarded Joseph’s Steakhouse as its ground floor tenant.
Conveniently located near waterfront attractions, shopping and dining, this property stands out for its strategic positioning. With its attractive financing, strong tenant base and ideal placement, this site proves to be a sound investment and an enticing prospect for those looking to enhance and lease up prime real estate.
Situated along Connecticut Route 8 and Route 25, the property seamlessly facilitates north and south travel throughout the state. One block south lies the major Interstate 95, enhancing the site’s potential by providing access to the skilled labor forces of both New Haven, CT, and New York. In addition to these well-connected roadways, Sikorski Airport is a mere 10-minute drive east while both New Haven's Tweed Airport and White Plains' Westchester County Airport are accessible in under an hour as well. Beyond the strategic transportation links, many key amenities are within walking distance. These include the Bridgeport train station, Port Jefferson Ferry terminal, city hall, district federal courthouse, state courthouse, post office and a host of new shops and businesses contributing to the revitalization of downtown Bridgeport.
Hilco Real Estate, LLC in cooperation with Joseph Caridi, Cushman Wakefield, CT Lic. #REB.0792991.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | In Exchange | Total Building Size | 123,000 SF |
| Number of Properties | 2 | Total Land Area | 3.90 AC |
| Sale Type | Investment |
| Status | In Exchange |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 123,000 SF |
| Total Land Area | 3.90 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 350 Fairfield Ave, Bridgeport, CT 06604 | Office | 114,000 SF | 1980 | - |
| 360 Fairfield Ave, Bridgeport, CT 06604 | Office | 9,000 SF | 1986 | - |
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Lafayette Square | Office & Mixed-Use
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