779 Bridgeport ave - Retail FOR SALE


$2,769,905 USD
781-776-4003
779 Bridgeport ave, Shelton, CT for Sale
$2,769,905 USD
Retail - FOR SALE
1/6
null | 5.25% Cap Rate


HIGHLIGHTS

  • New Construction
  • Long-Term Lease with Increases
  • Minimal Landlord Responsibilities
  • Dynamic Corporate Tenant
  • Prime Retail Location
  • Corporate Office Corridor

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a new construction Cava located at 779 Bridgeport Avenue in Shelton, Connecticut (the “Property”). Cava is a pad site within Fountain Square, a new construction shopping center that consists of a 91,288 square foot shopping center positioned on 15.85-acres of land. Other notable tenants within Fountain Square include Trader Joe’s, Panera Bread, Goddard School, Yale New Haven Health Urgent Care, My Eye Dr., Chick-fil-A, Jersey Mike’s, Tropical Smoothie, Consumer Cellular, Sport Clips, and Crumbl Cookies. Cava is extremely well located at the center of a busy retail, medical and corporate office corridor along Bridgeport Avenue between Route 8 and the Trapp Falls Reservoir in Fairfield County. The destination trade area serves the surrounding towns of Seymour, Ansonia, Derby, Monroe, and Trumbull, as well as travelers on CT Route 8, a primary commuter highway serving over 66,000 vehicles per day. Fountain Square is surrounded by high-end office buildings with a captive employment base, national retailers and restaurants, and luxury apartment communities that drive traffic to the immediate area.

FOR SALE DETAILS

PRICE

$2,769,905 USD

PRICE/SF

$1,048 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cava

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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