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Caliber Collision 27R Catoonah Street 8,954 SF Retail Building Ridgefield, CT 06877 $2,129,723 ($237.85/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Affluent Region | Extremely Strong Demographics
- Attractive Rent Growth | Low-Management Investment
- Significant Tax Advantages | Tremendous Long-Term Investment Benefits
- Industry Leader | Corporate Guarantee (Wand NewCo 3, Inc.)
- Strategic Location Near Major Markets | Connecticut's Primary Employment Hub
- Established Operating History | Legacy Ridgefield Property
EXECUTIVE SUMMARY
Affluent Suburb | 3% Annual Increases | 80+ Years as an Auto Body Shop
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,954 SF
Building Class
C
Year Built/Renovated
1920/2005
Price
$2,129,723
Price Per SF
$237.85
Cap Rate
6.50%
NOI
$138,432
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.47 AC
Zoning
CBD - Commercial
AMENITIES
- Smoke Detector
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | RIDG-000015-E000114 | Improvements Assessment | $805,140 |
| Land Assessment | $483,000 | Total Assessment | $1,288,140 |
PROPERTY TAXES
Parcel Number
RIDG-000015-E000114
Land Assessment
$483,000
Improvements Assessment
$805,140
Total Assessment
$1,288,140
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Caliber Collision | 27R Catoonah Street
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