Property Details

$1,250,000
24 Prospect Street, Unit 24
Ridgefield, Connecticut 06877
MLS# 170216217

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Total Sq Ft
980 Sqft
Acres
1.00 Acres
The price is for #24 and #26 together. Currently Eddie's Pizza. There are 6 years left on the lease. It is a triple net lease. Tenant pays for everything.
There is a 3% escalation clause. Rent goes up 3% every January. The business is not for sale, just the real estate. Tenant pays $6,900 / month. Based on this rent the property has a 6.624 cap rate.
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Property Details
Status
For Sale
Property Type
Commercial For Sale
Year Built
1973
Sqft Total
980
Acres
1.00
Units
1
Garage
Paved, Parking Lot
Heat
Hot Air, Zoned
Cooling
Central Air
Taxes & Terms
Property Tax
$6,800
Area
County
Fairfield
Features
Listing courtesy of
Coldwell Banker Realty
Estimated Payments
The approximate mortgage monthly principal and interest payment for this property would be
Based on a loan at a fixed rate of percent
With a down payment of dollars
Actual lender interest rates and loan programs may vary.
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