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1525 Kings Highway 1525 Kings Hwy E 16,850 SF 47% Leased Office Building Fairfield, CT 06824 For Sale
Investment Highlights
- A+ Transit Oriented office location in a very high office occupancy market.
- Surrounded by 1,000+ newly constructed / pipeline luxury apartment units
- Adjacent to Black Rock neighborhood with dozens of restaurants and entertainment venues.
- High cash flowing multi-tenant office property.
- Potential user opportunity.
Executive Summary
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.
The 7,800 SF office building next door at 1501 Kings Highway is also available for purchase.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
16,850 SF
Building Class
B
Year Built
1966
Percent Leased
47%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,425 SF
Building FAR
0.76
Lot Size
0.51 AC
Zoning
DCD - Designed Commercial District (“DCD”) / Transit Oriented Development Park (“TODP”)
Parking
56 Spaces (3.32 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 102
- 470 SF
- Office
- -
- Now
- 1st Fl-Ste 105
- 1,220 SF
- Office
- -
- Now
Standard office suite on the 1st floor available for immediate move in.
- 1st Fl-Ste 108
- 1,066 SF
- Office
- -
- Now
Wonderful bright corner suite with four offices, conference room and kitchenette.
- 2nd Fl-Ste 208
- 635 SF
- Office
- -
- Now
- 2nd Fl-Ste 210
- 2,628 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 102 | 470 SF | Office | - | Now |
| 1st Fl-Ste 105 | 1,220 SF | Office | - | Now |
| 1st Fl-Ste 106 | 1,633 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 108 | 1,066 SF | Office | - | Now |
| 2nd Fl-Ste 206 | 1,253 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 208 | 635 SF | Office | - | Now |
| 2nd Fl-Ste 210 | 2,628 SF | Office | - | Now |
1st Fl-Ste 102
| Size |
| 470 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 105
| Size |
| 1,220 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 106
| Size |
| 1,633 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 108
| Size |
| 1,066 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 206
| Size |
| 1,253 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 208
| Size |
| 635 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 210
| Size |
| 2,628 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 106
| Size | 1,633 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Standard office suite on the 1st floor available for immediate move in.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 206
| Size | 1,253 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Wonderful bright corner suite with four offices, conference room and kitchenette.
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | FAIR-000128-000000-000050 | Improvements Assessment | $1,610,630 |
| Land Assessment | $496,510 | Total Assessment | $2,107,140 |
Property Taxes
Parcel Number
FAIR-000128-000000-000050
Land Assessment
$496,510
Improvements Assessment
$1,610,630
Total Assessment
$2,107,140
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
