Property Details
$1,250,000
26 Prospect Street, Unit 26
Ridgefield, Connecticut 06877
MLS# 170216224
Save Property
1,068 Sqft
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.
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
Days on this Website
559
Census Data
Link to Property
Listing courtesy of
Coldwell Banker Realty
Estimated Payments
Similar Properties
Information is deemed reliable but is not guaranteed. This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2021 Smart MLS, Inc. All rights reserved.
Listing Data last updated: January 25, 2021 12:00 MST.
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