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Unit Size: 4,136 SF
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Condo Use: Medical Office
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Price: $2,950,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $713.25 USD
Description
This is 745 Boston Post Rd Unit 1 - which is 4,136 Sq Ft and has 21.39% pro rata share of the common elements. The unit is configured for Medical Use. The space consists of 9 exam rooms, 2 private offices, a conference room, 2 waiting rooms, 2 bathrooms, a lab room with a sink, storage room and kitchen.
Sale Notes
Rare opportunity to acquire a fully leased, Triple Net (NNN) medical office condominium in one of Fairfield County's most coveted corridors. The tenant, Stamford Health, is a prominent regional healthcare system with a lease in place through December 31, 2028, featuring a 2% annual rent escalation built in each year.
This is an exceptionally passive investment — the only owner expense is property insurance, approximately $5,700 annually. The tenant is responsible for all operating expenses, property taxes, and condo association fees.
Built in 2012, the property offers 4,136 SF of purpose-built medical office space with 14 dedicated parking spaces — 7 on-site and 7 directly across the street — plus additional street parking. Medical office space of this size, quality, and configuration is extremely limited in this market, creating sustained demand and strong re-leasing fundamentals if needed.
The location benefits from over 11,300 vehicles passing daily per CT DOT traffic data, providing exceptional visibility along one of Fairfield County's premier commercial corridors. Darien consistently ranks among the top markets in Connecticut for income demographics, low vacancy, and high barriers to new medical office supply.
The property has been independently appraised at the asking price of $2,950,000 prior to listing, providing buyers with a third-party validated basis of value from day one.
Asking Price: $2,950,000 | NOI: $175,406 | Cap Rate: 5.95% | Lease Type: NNN
Jake Smith
Alpha Capital Realty