Mixed-Use

Crescent Village

Listing Price: $1,750,000

Cap Rate
4.59%
Number of Suites
13
Gross SF
12,340
Rentable SF
12,340
Price/Gross SF
$141.82
Lot Size
1.54 acres
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to offer this exclusively listed for sale retail strip building in Eastern Fairfield County, Connecticut. The property consists of three separate buildings built in 1988. Each building has retail on the ground level with offices above and historically has enjoyed long-term tenancy. The buildings sit level with the street providing it with high visibility from the main thoroughfare Route 25/Main St and provides an easily accessible private parking lot.

This is a strong location with a solid history of occupancy, longevity of tenants, and under-market rents. Monroe, CT is an affluent, progressive and growing community in Eastern Fairfield County. Considered a bedroom community to New York City and Bridgeport, CT, Monroe boasts nearly 20,000 residents and offers award-winning schools, safe neighborhoods, beautiful parks, and growth in business and industry. Home to several restaurants and retail shopping, Monroe continues to maintain a New England small town charm.

Strategic Location: Crescent Village has optimum visibility from Main Street yet offers easy parking lot accessibility just off of the heavily traveled Route 25 making entry more convenient. The buildings are situated on top of a level lot with signage directly visible from all directions. This is a vibrant location offering restaurants, shopping and many other amenities within the immediate area. This is a rare opportunity to acquire a coveted parcel in a desirable area. The location offers substantial market growth making this an ideal long-term hold.

Investment Highlights

  • Mixed-Use - Three Retail Buildings with Offices Above
  • Located On High Traffic Main Thoroughfare
  • Over 18,000 VPD
  • Currently, 88.83% Occupied with Established Tenants
  • Private, Off-Street Parking

Exclusively Listed By

Financing By

Listing Price: $1,750,000

Cap Rate
4.59%
Number of Suites
13
Gross SF
12,340
Rentable SF
12,340
Price/Gross SF
$141.82
Lot Size
1.54 acres
Year Built
1988

Investment Highlights

  • Mixed-Use - Three Retail Buildings with Offices Above
  • Located On High Traffic Main Thoroughfare
  • Over 18,000 VPD
  • Currently, 88.83% Occupied with Established Tenants
  • Private, Off-Street Parking

Investment Overview

Marcus & Millichap is pleased to offer this exclusively listed for sale retail strip building in Eastern Fairfield County, Connecticut. The property consists of three separate buildings built in 1988. Each building has retail on the ground level with offices above and historically has enjoyed long-term tenancy. The buildings sit level with the street providing it with high visibility from the main thoroughfare Route 25/Main St and provides an easily accessible private parking lot.

This is a strong location with a solid history of occupancy, longevity of tenants, and under-market rents. Monroe, CT is an affluent, progressive and growing community in Eastern Fairfield County. Considered a bedroom community to New York City and Bridgeport, CT, Monroe boasts nearly 20,000 residents and offers award-winning schools, safe neighborhoods, beautiful parks, and growth in business and industry. Home to several restaurants and retail shopping, Monroe continues to maintain a New England small town charm.

Strategic Location: Crescent Village has optimum visibility from Main Street yet offers easy parking lot accessibility just off of the heavily traveled Route 25 making entry more convenient. The buildings are situated on top of a level lot with signage directly visible from all directions. This is a vibrant location offering restaurants, shopping and many other amenities within the immediate area. This is a rare opportunity to acquire a coveted parcel in a desirable area. The location offers substantial market growth making this an ideal long-term hold.

Exclusively Listed By

Financing By

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