NNN Bank condo in Stamford, CT
$3,390,000
350 East Main Street, Stamford, CT 06901
For Sale
Retail
Condo
Active
Last Updated: 04/22/2022
7.02
Cap Rate
238,040.04
NOI
Details:
Cap Rate: 7.02%
NOI: $238,040.04
Building Size: 4,000 sqft
Occupancy: 100%
Lease Type: Triple Net
Year Built: 2007
Price Per Sqft: $847.50
Tenancy: Single
Parking Spots: 12
Floor: 1
Highlights:
- Strong Retail Corridor
- Bank tenant
- NNN lease
Description:
Stephen P. Wald Real Estate Ass. Inc. is pleased to present the exclusive
listing for a Fairfield County Bank located at 850 East Main Street, Unit
C-1, which is US Route 1, in Stamford, CT. This is a NNN lease with two
years remaining in the 15-year initial term. There are 2 extension options
of five years each, which carry 15% escalations.
This 4,000 sq ft, condominium unit is on the ground floor of a multi-
family building in a highly trafficked retail corridor of Stamford, CT.
Documents:
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Fairfield_County_Bank_850_East_Main_St__Stamford__CT.pdf
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Location
Gallery
