Contacts
Jon Angel
Angel Commercial
Property Details
- Property Type Office
- Property Size 32,239 SF
- Lot Size 1.95 Acre
- Cap Rate % 6.08
- NOI / YR 547259
- Additional Rent Contact for pricing
- Parking Spaces Avail. 121
- Parking Ratio 3.75 / 1,000 SF
- Building Class B
- Year Built 1985
- Date Updated Oct 30, 2024
Angel Commercial, LLC, is pleased to present a waterfront investment opportunity with the sale of One Post Road in Fairfield, CT, for $9,000,000. This waterfront property not only offers a fully leased 32,239 SF three-story office building but also boosts a compelling development opportunity with its 1.954 acres along Ash Creek and approved plans for an adjacent 20-unit apartment building. The property demonstrates a solid investment with a 2024 Projected Annualized Net Operating Income (NOI) of $547,259 and a Cap Rate of 6.08%.
In a Designed Commercial District (DCD) Zone, One Post Road enjoys 383 linear feet of frontage on Post Road, ensuring high visibility. The office structure is enhanced by a scenic boardwalk overlooking Ash Creek, modern glass double entrance doors, recessed lighting, and upscale finishes that include rich wood moldings and marble floors. Significant updates include a renovated elevator system in 2020, a transition to gas heating with a new gas furnace, and the installation of a new roof. Accessibility is a priority, with handicapped access and ample parking available, featuring 121 paved spaces.
Current tenants of the office building comprise a diverse mix of reputable businesses, including Beers, Hammerman, Cohen & Burger PC; Columbia Mental Health; Old Republic National Title Insurance Co.; Lindenmeyr Central; Regenerating Solutions; Ferrara Law Group, PC; and Yellow Brick Real Estate, adding value to this investment.
Situated within a short walk to a variety of amenities such as restaurants, banks, hotels, shopping, and public transportation, One Post Road's location is unparalleled. It is conveniently located steps from a Coastal Link Bus Stop and less than one mile from I-95 (Exit 23) and the Fairfield Metro Train Station. It is in close proximity to Whole Foods, CVS, Home Depot, the Edge Fitness Club, Stop & Shop, Staples, Verizon, Marshalls, Dunkin', the Circle Hotel, UPS, and the new RH Outlet. Being near Fairfield University, with over 6,000 students and employees, is advantageous for businesses, as it offers access to a potential pool of skilled and educated workers.
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Getting around
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Walk Score ®
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Location
- City Fairfield, CT
- Neighborhood South Benson
- Zip Code 06824
- Market Bridgeport New Haven
Points of Interest
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Fairfield Metro
0.50 miles
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Connecticut Transportation Solutions, LLC
1.84 miles
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Green's Farms
4.58 miles
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Westport
7.37 miles
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Merritt 7
9.94 miles
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Sunoco
0.50 miles
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Santa
0.81 miles
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Cumberland Farms
0.94 miles
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Citgo
1.01 miles
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Shell
1.05 miles
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Mobil
1.09 miles
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Star Fuels
1.25 miles
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Stop & Shop Gassoline
1.68 miles
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Stratford Square
6.74 miles
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ChargePoint
9.61 miles
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Jennings Beach Parking
0.81 miles
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Connecticut Park and Ride
0.88 miles
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Kelley Center Parking Garage
1.16 miles
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Fairfield Train Station Parking
1.38 miles
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Fairfield Ludlowe High School Student Parking
1.48 miles
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St. Thomas Aquinas School Parking
1.57 miles
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Bridgeport Municipal Garage
3.26 miles
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Lake Mohegan Recreation Area Beach Parking Lot
3.48 miles
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Fairfield Circle Inn
0.38 miles
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Black Rock Inn
0.69 miles
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Holiday Inn
3.07 miles
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HI-HO Motel
3.93 miles
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Quality Suites
5.58 miles
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Marriott
7.29 miles
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Econo Lodge Norwalk
8.01 miles
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Garden Park Motel
8.31 miles
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Norwalk-Westport Motel
8.32 miles
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Devon Motel
8.32 miles
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Whole Foods Market
0.39 miles
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Stop & Shop
0.48 miles
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Marshalls
0.62 miles
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FedExOffice
1.31 miles
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TJ Maxx
1.71 miles
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ALDI
1.72 miles
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Compare Foods
1.89 miles
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ShopRite
1.97 miles
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Trader Joe's
2.23 miles
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Save-A-Lot
2.67 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
Jon Angel
Angel Commercial