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Former Stop & Shop - Bridgeport, CT REO Sale

Sale Highlights

The Property consists of a 1-story retail building constructed in 1996 on a 7.64-acre site for use as a Stop & Shop Supermarket. Stop & Shop occupied until vacating the property in 2012.

  • The property is located entirely within a high-density residential area known as Bridgeport’s North End which had a 2016 population of 38,067 residents as reported by City-Data.com with a density of 11,226 persons per square mile.
  • Westfield Trumbull, a regional mall with 1,130,690 sf and approximately 144 stores, 4 anchor stores, and Apple Store is located two miles from the Property.
  • The median household income in the Property’s North End neighborhood was $70,964 in 2016 compared to $42,113 for Bridgeport overall as reported by Citi-Data.com.
  • For Q4’2018 the Bridgeview Regional Business Council reports more than $1.2 Billion in regional investment and over 5,000 jobs created in connection with several high-profile development projects recently completed, under construction, or in development
  • Retail vacancy has tightened at the start of 2019 with vacancy down to 3.3% in Fairfield County, down 40 bps from 3.7% at 1Q’2018 as reported by CoStar Group.

Sale Summary

RealINSIGHT Marketplace and Mission Capital Advisors are pleased to offer the opportunity to acquire the fee-simple interest in a vacant, single-tenant retail property located in Bridgeport, Fairfield County, CT.  The single-story, freestanding retail building with single-tenant design contains 69,230 square feet and was constructed in 1996 on a 7.46-acre site. The Property is located in Bridgeport’s North End, a high-density residential area of the city and is situated 50 miles northeast of New York City.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Former Stop & Shop - Bridgeport, CT REO Sale

2500 Madison Ave, Bridgeport, CT 06606

Closed

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 7.64 Acres
  • Year Built
  • 1996
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Parking Count
  • 332
  • Occupancy
  • 0%
  • Occupancy as of
  • Jun 01, 2019
  • Retail Type
  • Freestanding Retail
  • Anchor
  • No
  • Property Size
  • 69,230 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Michael A. Fine

      c/o Fisher Auction Company Inc.

      License: 0755028