Property Details

$1,250,000
26 Prospect Street, Unit 26
Ridgefield, Connecticut 06877
MLS# 170216224

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Total Sq Ft
1,068 Sqft
Acres
1.00 Acres
The price listed is for unit 24 and 26. Currently Eddie's Pizza. There are 6 years left on the lease which remains binding on the new owner. Tenant pays $6,900 / mo with a 3% escalation clause every January. Eddie's Pizza is not for sale, just the real estate. Currently there is a 6.6 cap rate. Cap rate goes up when the rent goes up. There is a triple net lease in place.
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Property Details
Status
For Sale
Property Type
Commercial For Sale
Year Built
1973
Sqft Total
1,068
Acres
1.00
Stories
1
Garage
Paved, Parking Lot
Heat
Hot Air
Cooling
Central Air
Taxes & Terms
Property Tax
$7,410
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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