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Chipotle, Jersey Mike’s, Wayback Burgers
143 Purdy Hill Rd, Monroe, CT
For Sale
Property Details
Price: $4,900,000
Property Type: Retail
Transaction Type: For Sale
Cap Rate: 5.50%
Building Size: 5,300 SF
Tenancy: Multi Tenant
Property Description
Newly constructed building
Located in desirable Fairfield County, CT
At Signalized intersection on very busy road with over 26,000 cars per day
Strong retail corridor with Stop & Shop, Big Y, McDonald’s and Panera among many others
Short drive to Bridgeport, the most populated city in the state
Average Household Income within a 3-mile radius exceeds $165,000
All 3 tenants have rental increases providing hedge against inflation and rising interest rates
