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850 East Main Street Portfolio 2 Retail Condos Offered at $3,800,000 in Stamford, CT
Investment Highlights
- Heavy daytime traffic
- 10 Year lease
- Long term tenants
Executive Summary
Attractive Owner Financing !!! Four prime location ground level retail condos for sale in high end mid-rise apartment building, downtown Stamford. Condos are fully leased; 2 units per tenant, long standing tenants, market rents, NNN leases and annual increases. Restaurant tenant has 9 years remaining, grocer tenant has 10 years remaining; both with renewal options. The entire project for sale comprises almost 10,000 square feet of usable space. Very attractive owner financing available at strong cap rate pricing.
Property Facts
| Price | $3,800,000 | Status | Active |
| Price / SF | $378.41 / SF | Number of Properties | 2 |
| Cap Rate | 5.73% | Individually For Sale | 0 |
| Sale Type | Investment NNN | Total Building Size | 10,042 SF |
| Price | $3,800,000 |
| Price / SF | $378.41 / SF |
| Cap Rate | 5.73% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,042 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Eastside Commons Condominiums
850 E Main St, 1st Floor - Unit C4-C5, Stamford, CT 06902 |
Retail Condo | 6,042 SF | 2008 | - |
|
Eastside Commons Condominiums
850 E Main St, 1st Floor - Unit C2-C3, Stamford, CT 06902 |
Retail Condo | 4,000 SF | 2008 | - |
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850 East Main Street Portfolio
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