One Lafayette Square | ±40,000 SF Government Leased Office Building | 9% Cap Rate

For Sale

1 Lafayette Cir, Bridgeport, CT 06604

This Bridgeport property for sale is located at 1 Lafayette Cir. The general use of One Lafayette Square | ±40,000 SF Government Leased Office Building | 9% Cap Rate is office and it incorporates 40,000 square feet of class B office space. The current listed sale price for One Lafayette Square | ±40,000 SF Government Leased Office Building | 9% Cap Rate is $4,500,000. One Lafayette Square | ±40,000 SF Government Leased Office Building | 9% Cap Rate is situated on a lot that is 0.88 acre in size.

Contacts

broker

Michael Bull, CCIM

Bull Realty

Property Details

  • Property Type Office - Government Office
  • Property Size 40,000 SF
  • Lot Size 0.88 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1905
  • Year Renovated 2003
  • Date Updated Aug 10, 2024
Bridgeport, CTOpportunity to acquire an 9% cap rate, government leased office building. The anchor tenant occupying 82% of the building is the Connecticut State Judicial Branch, sticky-tenant with a AA+ credit rating. The 4-story, ±40,000 SF building in Bridgeport Connecticut is perfectly located for the state judicial services.

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Highlights

  • Strong Credit Anchor Tenant - AA+
  • Long-term sticky tenant in 82% of building
  • 2-bay bank drive-through
  • Ample surface parking, on-street and adjacent lots
  • Billboards on roof that could be monetized
  • In-place professional management available
  • Walk score (91) - Walkers Paradise
  • Transit score (62) - Good transit
  • Broker of Record: Bang Realty | Brian Brockman | CT License #0792373 | 573-898-1551 | BOR.BangRealty.com

Getting around

  • 91/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 45/100

    Bike Score ®

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Location

  • City Bridgeport, CT
  • Neighborhood Downtown Bridgeport
  • Zip Code 06604
  • Market Bridgeport New Haven

Points of Interest

  • Connecticut Transportation Solutions, LLC

    1.46 miles

  • Green's Farms

    7.39 miles

  • Gulf

    0.36 miles

  • Citgo

    0.52 miles

  • Mobil

    0.78 miles

  • Gulf

    0.83 miles

  • Shell

    1.00 miles

  • BP

    1.00 miles

  • Citgo

    1.25 miles

  • Freedom Premium Fuels

    1.26 miles

  • Gas on the Go

    1.46 miles

  • Xtra Fuels

    1.56 miles

  • Bridgeport Municipal Garage

    0.43 miles

  • Pleasure Beach Parking Lot

    1.57 miles

  • Jennings Beach Parking

    3.40 miles

  • Kelley Center Parking Garage

    3.50 miles

  • Lake Mohegan Recreation Area Beach Parking Lot

    3.53 miles

  • Lake Mohegan Recreation Area Cascades Parking Lot

    4.00 miles

  • Fairfield Train Station Parking

    4.21 miles

  • Fairfield Ludlowe High School Student Parking

    4.24 miles

  • St. Thomas Aquinas School Parking

    4.40 miles

  • Park & Ride

    5.19 miles

  • Holiday Inn

    0.25 miles

  • Black Rock Inn

    2.51 miles

  • Fairfield Circle Inn

    3.21 miles

  • HI-HO Motel

    4.44 miles

  • Marriott

    4.61 miles

  • Devon Motel

    5.56 miles

  • Residence Inn Milford

    5.77 miles

  • SpringHill Suites Milford

    5.84 miles

  • Red Roof Inn Milford

    5.89 miles

  • Residence Inn Marriott

    6.21 miles

  • Save-A-Lot

    0.69 miles

  • Compare Foods

    0.99 miles

  • Key Food Fresh City Market

    1.13 miles

  • Stop & Shop

    1.59 miles

  • PriceRite

    1.62 miles

  • Fallas

    1.64 miles

  • ALDI

    1.80 miles

  • Stop & Shop

    1.86 miles

  • Food Bazaar

    2.07 miles

  • C Town

    2.37 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Michael Bull, CCIM

Bull Realty