325 Boston AveBridgeport, CT 06610

Property Details for 325 Boston Ave

Lot size

0.34 AC

Property size (Sq ft)

1,440 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 1,440 square foot Kentucky Fried Chicken restaurant located at 325 Boston Ave, Bridgeport, CT 06610. Boasting a strong 5.31% cap rate and a substantial net operating income (NOI) of $87,641, this property offers significant return potential. The property sits on a 0.34-acre lot with 9 on-site parking spaces, strategically positioned at a five-way traffic-lit intersection ensuring high visibility. The tenant, a well-established franchise operator with over 50 Yum! Brands locations, provides a full guaranty and has a lease with over six years remaining, plus three, three-year options. The location benefits from a daily traffic volume exceeding 15,064 vehicles and enjoys convenient access to major roadways including Route 1, Route 8, and I-95, serving a mix of residential and commercial areas. The property's APN is BRID-000061-002016-000001. This is a rare chance to acquire a stable, high-performing restaurant property in a desirable location. The asking price is $1,650,000.

Location Insight

City

Bridgeport

County

Fairfield

State

Connecticut

Latitude

41.2006

Longitude

-73.1834

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