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570 Honeyspot Road Stratford CT 570 Honeyspot Rd 6,211 SF 100% Leased Retail Building Stratford, CT 06615 $1,365,000 ($219.77/SF) 6.33% Cap Rate

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Investment Highlights

  • Stable, long term retail strip anchored by neighborhood operators operating on long term leases expiring in 2039 and 2040
  • Compelling value add retail opportunity with the vacant unit available for immediate lease up or owner occupancy
  • Flexible zoning located in CA zone allowing for a wide variety of current and potential uses
  • Meaningful upside in the residential unit featuring a 1,600 square foot 2 bedroom apartment
  • Property is in excellent condition and features 400 amp electric service with 3-phase power, upgraded roofing and HVAC and resealed parking lot
  • Owner is open to discussing seller financed offers

Executive Summary

Baldwin Pearson & Co., Inc. is pleased to exclusively offer for sale 570 Honeyspot Road, Stratford, CT — a premier mixed-use investment opportunity located in one of Stratford’s most established and heavily trafficked retail corridors. Positioned on a prominent corner at Honeyspot Road and Moffitt Street, just off Interstate 95, the property features three street-level retail units with strong visibility and parking, plus a spacious, renovated two-bedroom, one-bathroom apartment above. The retail tenancy provides exceptional income stability, with the asset anchored by one of Stratford’s oldest liquor stores, continuously occupied since 1958, and a well-established restaurant, both operating on extremely long leases, underscoring the strength of the location. The third retail unit is currently vacant, presenting immediate lease-up or owner-user upside at market rents.
The residential component consists of a 1,650 SF renovated apartment that is currently rented well below market rent, offering meaningful income growth potential. With stable in-place cash flow, mark-to-market opportunity, and prime corner positioning, 570 Honeyspot Road represents a rare value-add investment in Fairfield County. 570 Honeyspot Road offers investors a compelling blend of stable cash flow, embedded upside, and long-term tenancy in a supply-constrained Fairfield County market.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $158,151 $25.46
Other Income - -
Vacancy Loss $7,908 $1.27
Effective Gross Income $150,243 $24.19
Taxes $15,000 $2.42
Operating Expenses $13,600 $2.19
Total Expenses $28,600 $4.60
Net Operating Income $121,643 $19.59

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $158,151
Annual Per SF $25.46
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $7,908
Annual Per SF $1.27
Effective Gross Income
Annual $150,243
Annual Per SF $24.19
Taxes
Annual $15,000
Annual Per SF $2.42
Operating Expenses
Annual $13,600
Annual Per SF $2.19
Total Expenses
Annual $28,600
Annual Per SF $4.60
Net Operating Income
Annual $121,643
Annual Per SF $19.59

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,211 SF
Year Built/Renovated
1957/2021
Price
$1,365,000
Price Per SF
$219.77
Cap Rate
6.33%
NOI
$86,405
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
CA
Parking
25 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
200’ on Honeyspot Road
Walk Score®
Very Walkable (70)
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.®

Nearby Major Retailers

Sunbelt Rentals
Duchess Restaurant
Santander
TD Bank
The YMCA
  • Listing ID: 39710166

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 570 Honeyspot Rd, Stratford, CT 06615

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