25 Old Kings HwyDarien, CT 06820

Property Details for 25 Old Kings Hwy

Year built

2005

Construction

STEEL FRAME

Lot size

9.49 AC

Property size (Sq ft)

96,563 SF

Zone code

DC

Property type

Super regional malls

APN

DARI M:71 B:19

APU

DARIM71B19

Description

This exceptional retail opportunity is located at 25 Old Kings Highway North in Darien, Connecticut, within Fairfield County. The property, known as Old Kings Market, offers a total of 95,758 square feet of commercial space, with multiple tenancies available. Currently, there are 9,746 square feet of vacant space ready for immediate occupancy. Flexible space options cater to a variety of business needs, with minimum divisible units starting at 1,050 square feet and maximum contiguous space reaching 6,118 square feet. The property enjoys a highly desirable location, centrally situated on Old Kings Highway, just one block south of the heavily trafficked Boston Post Road, ensuring high visibility and accessibility for businesses. The 06820 zip code offers a strong demographic profile and convenient access to major transportation routes. This presents a unique chance to establish or expand a business in a thriving Connecticut community. The property's size and layout provide ample opportunity for customization to suit individual business requirements. Interested parties are encouraged to inquire about available spaces and lease terms. This is a rare opportunity to secure prime retail space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $18,266,600

  6.5%

  $16,861,500

  7%

  $15,657,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,121,600

  Geo Method

  $13,121,600

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $32,881,600

  Mixed-Use / Specialty

  $16,801,400

  Hospitality / Lodging

  $12,326,600

  Office

  $16,701,600

  Institutional / Educational

  $17,466,700

  Residential Income

  $20,436,000

  Multifamily

  $24,509,900

  Automotive / Energy

  $14,971,400

  Parking / Income-Based Land

  $5,166,460

  Restaurant / Food Service

  $8,738,540

  Healthcare / Senior Housing

  $17,229,500

Location Insight

City

Darien

County

Fairfield

State

Connecticut

Latitude

41.0788

Longitude

-73.4653

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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