773 Bridgeport Avenue, Milford, CT
Retail for Sale - $1,096,500 - 4,800 Sq. Ft. on 0.31 acres
Property Info
| CIMLS# | 780719 |
| Location 773 Bridgeport Avenue Milford CT 06460 | |
| Updated | October 1st, 2015 |
| Type | Retail |
| Price | $1,096,500 |
| Building | 4,800 Sq. Ft. |
| Land | 0.31 acres |
Property Description
Commercial building with 4,800 RSF on 0.31 acres. Tenant has a corporate guarantee - Fortune 500 Company, PPG Industries (NYSE: PPG) acquired Painters Supply in June 2014. The CAP rate is 8% and 2014-2015 NOI is $87,720 with scheduled increases. Neighbors include CVS, Advanced Auto Parts, Stop and Shop, Kia of Milford, Land Rover Milford, Courtney Honda, Bob's of Milford, Fairfield Inn Milford, Wendy's and Tony's Pizza. Located under 1 mile from I-95, Exit 35.
Financials
INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT FOR SALE AT $1,096,500. Part of a six property portfolio in Connecticut and Massachusetts. For additional information visit our website at: www.angelcommercial.com.
