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2119 Post Rd 7,480 SF 100% Leased Office Building Fairfield, CT 06824 $2,400,000 ($320.86/SF) 6% Cap Rate
Investment Highlights
- Fully leased, three tenant asset with stable cash flow
- Strong tenant mix: medical, wellness and service oriented uses
- Excellent accessibility to I-95, train stations
- Prime Post Road location in affluent Fairfield County
- Turnkey investment with in-place income
- Long-term upside through rent growth and strategic repositioning
Executive Summary
Positioned along one of Fairfield County’s most prominent commercial corridors, 2119 Post Road presents a rare opportunity to acquire a fully occupied, multi-tenant investment asset in the heart of downtown Fairfield. This 6,490 SF medical/office building is comprised of three established tenants, delivering immediate and stable cash flow for an investor seeking both security and long-term upside. The tenant mix includes medical, wellness, and service-based uses—creating a diversified income stream resilient to market fluctuations. Strategically located on Post Road (US-1), the property benefits from strong visibility, high traffic counts, and proximity to I-95 and Metro-North train stations, making it easily accessible for both tenants and clientele. Built in 1989, the asset features a two-story layout with a finished lower level, complemented by on-site parking, elevator access, and monument signage—key amenities that support long-term tenant retention. With 100% occupancy and a stabilized income profile, this property offers investors a true turnkey acquisition, highlighted by a projected 6% cap rate and consistent NOI performance. Situated within Fairfield’s Designed Commercial District, the property allows for a wide range of uses including medical, office, and retail—providing flexibility for future repositioning or value-add strategies.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,480 SF
Building Class
C
Year Built
1989
Price
$2,400,000
Price Per SF
$320.86
Cap Rate
6%
NOI
$144,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,245 SF
Building FAR
0.45
Lot Size
0.38 AC
Zoning
DCD & B - Designed Commercial District (DCD) & Residential B (B)
Parking
30 Spaces (4.62 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | FAIR-000231-000000-000338 | Total Assessment | $1,444,450 |
| Land Assessment | $754,460 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $689,990 | Tax Year | 2025 |
Property Taxes
Parcel Number
FAIR-000231-000000-000338
Land Assessment
$754,460
Improvements Assessment
$689,990
Total Assessment
$1,444,450
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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2119 Post Rd
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