Overview

Description

One Sasco Hill sits at the foot of the Southport community of Fairfield — one of the oldest communities in Connecticut. This stately neighborhood is comprised of mutli-million dollar estates along Sasco Hill Road adjacent to historic Southport Harbor and bordering Long Island Sound. One of the most coveted streets in all of Fairfield.

The Sasco area is home to the Country Club of Fairfield, a private golf and country club, offering golf, tennis, and recreational activities. Following the beautiful Sasco Hill Road to its end is the secluded Sasco beach, a 9.9 acre beach that is accessed only by residents of Fairfield.

One Sasco Hill generates stable cash flow with a history of consistent occupancy, and consists of over 50% medical user tenants, therefore making it referred to as the new “Medtail,” a highly-favorable product type to own in today’s market. Owning medtail real estate offers diversification, growth potential due to rising healthcare demand, and potentially lower operating costs for tenants and higher flexibility for landlords.

Highlights

• AFFLUENT DEMOGRAPHICS | Fairfield boasts a high median household income and strong purchasing power, making it an attractive market for retailers targeting higher-end goods and services. This affluent population provides a stable and reliable customer base for the retail strip center. Surrounded by established residential neighborhoods, offering a built-in customer base with high disposable income.
• STRATEGIC HIGH-TRAFFIC CORRIDOR Located on a major thoroughfare with exceptional visibility and convenient access, attracting a strong customer base. This property has convenient access to I-95 and transportation hubs, attracting residents and visitors from neighboring areas.
• LOCATION Fairfield’s proximity to New York City and other major business centers provides access to a wider customer base. Surrounded by complementary businesses and national retailers, fostering synergy and foot traffic.
• DIVERSE AND GROWING POPULATION The town’s population is steadily growing and diversifying, presenting opportunities for retailers catering to different needs and preferences.

Documents

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