735-737 Villa Ave | Fairfield, CT 06825
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- LoopNet Team
735-737 Villa Ave
Fairfield, CT 06825
Retail Property For Sale
Investment Highlights
- Fully leased 3,625 SF building is in a prime commuter location, minutes from I-95 and the Fairfield Metro Train Station.
- Projected 2023 Net Operating Income is $83,874 and the Cap Rate is 6.99%.
- 1.2 miles from I-95 (Exit 24), 1.4 miles to the Fairfield Metro Train Station, and 2 miles to the Route 8 Connector to Route 25 & the Merritt Parkway.
- The first floor is leased to SoapBox Laundromat and the second floor is leased to MavinGreen LLC, an accounting firm.
- Abundant parking with 47 shared parking spaces on the 0.63-acre property.
- Across the street from Super Stop & Shop and Starbucks, and near Walgreens, Meineke Car Care Center, Nutmeg Bowl & Chaves Bakery & Deli.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,625 SF
Building Class
C
Year Built
1992
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.31 AC
Zoning
DCD - Designed Commercial District
Parking
47 Spaces (12.97 Spaces per 1,000 SF Leased)
Frontage
208’ on Villa Ave
Amenities
- Bus Line
- Air Conditioning
Property Taxes
| Parcel Number | FAIR-000040-000000-000280 | Improvements Assessment | $385,280 |
| Land Assessment | $839,720 | Total Assessment | $1,225,000 |
Property Taxes
Parcel Number
FAIR-000040-000000-000280
Land Assessment
$839,720
Improvements Assessment
$385,280
Total Assessment
$1,225,000
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