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24427397
24427399

355 Federal Rd, Brookfield, CT 06804

JD
CT CT 0811098
Tower Realty Corporation
Listed by Tower Realty Corporation
$4,450,000
337 days on market
Updated 37 days ago

355 Federal Rd

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 34,090
Cap Rate 7.70%
NOI $392,137
Occupancy 100%
Acreage 2.690
Parking Spaces 95 spaces
Parking Per SqFt 2.79

Retail | 7.70% CAP | 34,090 SqFt

Marketing description

UPDATED FINANCIALS & PRICE REDUCTION Rare opportunity to acquire a fully leased retail strip center on highly trafficked Federal Road (Route 7), one of Brookfield’s premier commercial corridors. This well-maintained asset offers immediate, stable cash flow with a proven tenant base—many occupants have successfully operated here for 10+ years. The property has undergone extensive capital improvements, minimizing future maintenance concerns and enhancing long-term value. Including: interior and exterior fully painted, new stairwells, walkways, drainage, LED lights throughout, compressors, air handlers, glass doors, flooring, parking lot, bathrooms, and membrane roof sealing. Tenants benefit from excellent visibility, strong traffic counts, and ample on-site parking—key drivers of continued occupancy and success. This is a turnkey, low-maintenance investment in a high-demand retail location with consistent performance and upside potential.

Investment highlights

  • 100% Occupied with several tenants in place 10+ years
  • Major capital improvements recently completed
  • Interior & exterior freshly painted
  • New stairwells and walkways
  • Drainage system upgrades
  • LED Green Energy Blubs in Entire Building
  • LED Lights in Parking Lot
  • (3) New compressors and (3) new air handlers
  • New glass doors and updated flooring
  • Renovated restrooms
  • Freshly sealed membrane roof
  • Refinished parking lot with generous parking
  • New Tenant Pylon Sign
  • New Trash Compactor with Cement Platform
  • +/- 95 Parking Spaces
  • Leases have increases with $48,817.07 upside in 2026

Listing Contacts

JD
CT CT 0811098
Tower Realty Corporation
Listed by Tower Realty Corporation

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$392,137.00
$32,678.08/mo

Valuation Metrics

0
DSCR
8.81%
Cap Rate
8.81%
ROI

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Additional Information

Name
Joe Dimyan
License
CT 0811098
Brokerage
Tower Realty
Brokerage Address
246 Federal Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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