40 RICHARDS AVE

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40 RICHARDS AVE

NORWALK, CT 06854-2319
Asking Price
$33.00M
Asset Type
Traditional Office Office
Class
Class B

What's Special

Value-Add Office Investment Opportunity | 152,609 SF Institutional Asset | Fairfield County, CT <ul><li>​152,609 SF Class A Office Asset situated on approximately 8.4 acres in the heart of Fairfield County.</li><li>​Exceptional opportunity for investors, owner-users, or redevelopment groups seeking a well-located institutional-quality asset.</li><li>​Prominent corporate campus with strong visibility and convenient access to I-95, Route 7, Route 1, and the Merritt Parkway.</li><li>​Existing infrastructure includes fitness facilities, conference amenities, cafeteria space, EV charging statio

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NOI
$80,000
Cap Rate
0.24%
DSCR
0.04
Underwater
Cash-on-Cash
-18.98%
Monthly Payment
$163,265.995
Annual Cash Flow
$-1,879,191.935

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