745 Boston Post Rd - Apartments CONDO FOR SALE


Darien, CT 06820
$2,950,000 USD
203-520-5436
745 Boston Post Rd, Darien, CT for Sale
$2,950,000 USD
Apartments CONDO - FOR SALE
1/39
null | 5.95% Cap Rate

745 Boston Post Rd
Darien, CT 06820


HIGHLIGHTS

  • Car Traffic Exposure
  • Downtown Location
  • Newer Build

OVERVIEW

Rare opportunity to acquire a fully leased, Triple Net (NNN) medical office condominium in one of Fairfield County's most coveted corridors. The tenant, Stamford Health, is a prominent regional healthcare system with a lease in place through December 31, 2028, featuring a 2% annual rent escalation built in each year. This is an exceptionally passive investment — the only owner expense is property insurance, approximately $5,700 annually. The tenant is responsible for all operating expenses, property taxes, and condo association fees. Built in 2012, the property offers 4,136 SF of purpose-built medical office space with 14 dedicated parking spaces — 7 on-site and 7 directly across the street — plus additional street parking. Medical office space of this size, quality, and configuration is extremely limited in this market, creating sustained demand and strong re-leasing fundamentals if needed. The location benefits from over 11,300 vehicles passing daily per CT DOT traffic data, providing exceptional visibility along one of Fairfield County's premier commercial corridors. Darien consistently ranks among the top markets in Connecticut for income demographics, low vacancy, and high barriers to new medical office supply. The property has been independently appraised at the asking price of $2,950,000 prior to listing, providing buyers with a third-party validated basis of value from day one. Asking Price: $2,950,000 | NOI: $175,406 | Cap Rate: 5.95% | Lease Type: NNN

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$713 USD /SF

CAP RATE

5.95%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Healthy Child

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

19,761 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

DB

APN/PARCEL ID

DARI-000016-000000-000015-000016

ASK ABOUT THIS PROPERTY

Jake SmithAlpha Capital RealtyMore Info
203-520-5436

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Jake SmithAlpha Capital RealtyMore Info
203-520-5436

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