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Stop & Shop Supermarkets 44 Lake Avenue Ext

63,404 SF 100% Leased Retail Building Danbury, CT 06811 $26,804,701 CAD ($423 CAD/SF) 6.39% Cap Rate

Retail Space Connecticut Danbury 44 Lake Avenue Ext, Danbury, CT 06811

Investment Highlights

  • Stop & Shop – Legacy Location - 1989 Corporate Lease
  • Strong Stores Sales
  • Recent Mill & Overlay of the Entire Parking Lot - Landlord Responsible for Building Structure Only
  • Recent Significant Capital Investment made by Tenant - Consolidation Location
  • Free Standing Location - Prominently Displayed Location along Lake Ave & Hwy 84

Executive Summary

Colliers National Net Lease Group is pleased to present an opportunity to purchase a single tenant net leased Stop & Shop with 5 years remaining on its current lease term and successful operation at this location since 1989. This location has recently undergone a major interior upgrade by the tenant, following the consolidation of a nearby store to this location. This STNL ‘necessity’ based free standing location sits prominently along Lake Ave Ext with easy access along Hwy 84 which runs from Massachusetts through to
Pennsylvania. Stop & Shop Danbury is poised to provide true passive income for years to come.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
63,404 SF
Building Class
B
Year Built
1989
Price
$26,804,701 CAD
Price Per SF
$423 CAD
Cap Rate
6.39%
NOI
$1,713,624 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
5.41 AC
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Nearby Major Retailers

Chase Bank
Stop & Shop Supermarkets
The Cheesecake Factory
Little Tokyo
Starbucks
Longhorn Steakhouse
Shake Shack
CrossFit
Fairfield County Bank
Burn Boot Camp
(949) 724-5552

Contacts

  • Listing ID: 34189666

  • Date on Market: 2024-12-13

  • Last Updated:

  • Address: 44 Lake Avenue Ext, Danbury, CT 06811

The Retail Property at 44 Lake Avenue Ext, Danbury, CT 06811 is currently available for sale. Contact Colliers for more information.

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44 Lake Avenue Ext, Danbury, CT for sale Building Photo- Image 4 of 6
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Stop & Shop Supermarkets | 44 Lake Avenue Ext
(949) 724-5552 x

Stop & Shop Supermarkets | 44 Lake Avenue Ext

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Jereme Snyder

(949) 724-5552

(949) 724-5552

Cameron Duffy

(949) 724-5500

(949) 724-5500

Eric Carlton

(949) 903-3399

(949) 903-3399

Stephen Shapiro

(212) 716-3590

(212) 716-3590

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