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1817 Black Rock Tpke 12,806 SF 100% Leased Office Building Fairfield, CT 06825 $5,000,000 ($390.44/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 18,561 SF two-story medical office building with 13,059 RSF of income-producing space on 0.67 acres in Fairfield’s prime commercial district.
  • Offered at $5,000,000 with a projected 2025 NOI of $302,639, representing a 6% cap rate and stable investment return potential.
  • Ample on-site parking with 55 shared spaces, including handicap accessibility, elevator service, and upgraded common areas.
  • Fully leased to ten medical and dental tenants under NNN leases, minimizing owner expenses and ensuring predictable long-term income.
  • Located along Route 58 with 122 feet of frontage, providing excellent exposure and accessibility in a high-traffic retail corridor.
  • Surrounded by national retailers such as CVS, ShopRite, and Starbucks, with quick access to I-95, Merritt Parkway, and train service.

EXECUTIVE SUMMARY

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer a fully leased professional medical office building on 0.67 acres at 1817 Black Rock Turnpike, Fairfield, CT, for sale at $5,000,000. The projected 2025 Annualized NOI is $302,639, representing a 6% cap rate. The building totals 18,561 SF with 13,059 SF of rentable area, including common areas, mechanical rooms, shared corridors, and storage that support the entire building.
The property is fully leased to ten tenants under triple net (NNN) leases, which reduce landlord responsibilities as tenants pay property taxes, insurance, and maintenance expenses. This structure minimizes operating costs and management requirements while providing predictable cash flow and long-term income stability, making it an attractive passive investment opportunity.
Featuring 122 feet of frontage on Route 58 adjacent to McDonald’s, the property enjoys a high-visibility, high-traffic location. It offers 55 shared parking spaces with handicap accessibility throughout. Recent upgrades include a new energy-efficient HVAC and lighting program, common area updates, and a newly installed roof.
Strategically located in a Designated Commercial District (DCD) Zone, the two-story building is home to a diverse mix of medical and dental professionals — creating a professional healthcare environment.
Situated in a vibrant retail corridor, the property is surrounded by national retailers such as ShopRite, McDonald’s, CVS, Starbucks, M&T Bank, T.J. Maxx, and Old Navy, ensuring strong visibility and convenience. Its location also provides excellent access to I-95, the Merritt Parkway, the Fairfield Black Rock Train Station, Fairfield University, and public transit options, making it an exceptional investment opportunity in the heart of Fairfield, Connecticut. For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
12,806 SF
Building Class
C
Year Built/Renovated
1984/2022
Price
$5,000,000
Price Per SF
$390.44
Cap Rate
6%
NOI
$300,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,403 SF
Building FAR
0.44
Lot Size
0.67 AC
Zoning
DCD - Designed Commercial District
Parking
55 Spaces (4.29 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Air Conditioning
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FAIR-000076-000000-000245
Land Assessment
$634,270
Improvements Assessment
$1,443,680
Total Assessment
$2,077,950
  • Listing ID: 38197399

  • Date on Market: 10/24/2025

  • Last Updated:

  • Address: 1817 Black Rock Tpke, Fairfield, CT 06825

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