CBRE has been retained as the exclusive advisor for the sale of 1525 Kings Highway, a multitenant office building with 16,850 square feet on .51-acres, located directly adjacent to the Metro-North train station. The property can be delivered vacant creating a great opportunity for an owner/user or a developer that has a relationship with a tenant. The property is in a highly affluent region of Fairfield County, approximately 50 miles north of Manhattan in the coastal community of Fairfield, Connecticut. The property is surrounded by 1,000+ new multifamily units. The location is bordered by open space with walking trails while also being directly adjacent to the Metro-North train station and within walking distance to restaurant row in Black Rock. The town of Fairfield is highly affluent with average household incomes exceeding $241,000 and home values approaching $915,000. Sacred Heart University and Fairfield University are each located in Fairfield with combined enrollment of 13,724 students and expanding.
The 7,800 SF office building next door at 1501 Kings Highway is also available for purchase.