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30879359
30879360

78 Heights Rd, Darien, CT 06820

BL
NY NY 10401287317
Christie’s International Real Estate
Listed by Christie’s International Real Estate
$499,000
86 days on market
Updated 86 days ago

True turnkey opportunity

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 1,570
Units 1
Lease Term 18
Remaining Term 18
Price per SqFt $318
Class A
Year Built 2022
Parking Spaces 200 spaces
Parking Per SqFt 127.39

Business for Sale | Prime Darien Commons Location

Marketing description

Cosmo’s Bagels & Café

Business for Sale | Darien Commons

Darien Commons | 78 Heights Road | Darien, CT

Asking Price: $499,000 (Business Only – Lease in Place)

Christie’s International Real Estate | Hospitality Division presents a rare opportunity to acquire a fully built-out café located within Darien Commons, one of Fairfield County’s most vibrant lifestyle retail destinations. Situated at 102 Heights Road in Darien, Connecticut, the café benefits from exceptional visibility, strong daily foot traffic, and a prime location directly across from the Noroton Heights Metro-North Train Station, which services more than 300,000 passengers annually. Darien Commons is designed as a modern neighborhood center combining convenience and community, offering a dynamic mix of retail, dining, wellness concepts, and outdoor amenities, all complemented by 122 luxury apartment homes located above the retail.

Darien Commons spans more than 110,000 square feet of retail space and features locally inspired architecture with pedestrian-friendly connections designed to serve as the emerging downtown of the Noroton Heights district. The center is anchored by major national and lifestyle brands including Equinox Fitness Club, Walgreens, and JPMorgan Chase, and is home to a strong collection of retailers, dining concepts, and service providers such as lululemon, Warby Parker, Sur La Table, Bareburger, Sweetgreen, Gregorys Coffee, Chip City, Van Leeuwen Ice Cream, Naya, Zen Cha Matcha, Choice Pet Supply, Spear Physical Therapy, OVME, and One Medical with Hartford Healthcare, among others. This strong tenant mix creates consistent traffic throughout the day and evening, supporting retail, restaurant, and café operators within the complex.

Cosmo’s Bagels & Café occupies approximately 1,570 square feet in Space #116 and features one of the largest outdoor seating areas within the complex, accommodating approximately 30 seats. The interior layout is thoughtfully designed for efficient café operations, with approximately half of the space dedicated to kitchen and production areas. The café is fully vented, operates on natural gas, and includes high-end commercial kitchen equipment designed for volume production and long-term durability. Equipment included in the sale features two Rational commercial ovens, a Nor-Lake walk-in freezer and refrigeration system, a Scotsman commercial ice machine, and additional high-quality café equipment and fixtures.

The business represents a true turnkey opportunity, with approximately $1,000,000 invested in build-out, infrastructure, equipment, and improvements. Replicating a similar café build-out in a new location today would require a significant capital investment and extended construction timeline, making this an attractive opportunity for an operator looking to enter an affluent market with an established location and infrastructure already in place.

The lease was originally structured as a 10-year lease with two additional 5-year renewal options, and the business is currently approximately one and a half years into the initial lease term. The current rent including common area maintenance is approximately $9,400 per month, equating to roughly $72 per square foot. A more hands-on owner-operator may have the ability to increase profitability through expanded catering services, increased delivery and online ordering, enhanced coffee and beverage offerings, and targeted service for commuter traffic from the nearby train station.

Darien Commons is located in Fairfield County, one of the most affluent regions in the United States, with exceptional local demographics supporting the retail environment. Within a one-mile radius, the population is approximately 10,005 residents with an average household income of approximately $335,860 and a median household income of approximately $240,789. Within three miles, the population grows to more than 106,000 residents, and within five miles to nearly 218,000 residents, with strong daytime population numbers driven by commuters and local employment centers. The surrounding population is highly educated, with approximately 79% of residents within one mile holding a college degree, further reinforcing the area’s strong consumer spending profile.

Cosmo’s Bagels & Café is being offered for sale at $499,000 for the business, presenting an opportunity to acquire a fully operational café in one of Connecticut’s most desirable and affluent retail environments. The combination of a premier location, strong surrounding tenant mix, significant build-out investment, and proximity to a major commuter rail station makes this an exceptional opportunity for an owner-operator or hospitality group looking to establish or expand their presence in the Darien market.

Darien Commons spans more than 110,000 square feet of retail space and features locally inspired architecture with pedestrian-friendly connections designed to serve as the emerging downtown of the Noroton Heights district. The center is anchored by major national and lifestyle brands including Equinox Fitness Club, Walgreens, and JPMorgan Chase, and is home to a strong collection of retailers, dining concepts, and service providers such as lululemon, Warby Parker, Sur La Table, Bareburger, Sweetgreen, Gregorys Coffee, Chip City, Van Leeuwen Ice Cream, Naya, Zen Cha Matcha, Choice Pet Supply, Spear Physical Therapy, OVME, and One Medical with Hartford Healthcare, among others.

Investment highlights

Turnkey Café Operation

The café was built with premium commercial equipment and a thoughtfully designed layout allowing efficient production and service.

Key Features

• Approx. 1,570 SF café space
Kitchen occupies approximately half of the space
• Fully vented commercial kitchen
Natural gas service
• Premium commercial kitchen equipment
• Large outdoor seating area within the plaza

Equipment

(2) Rational commercial ovens
Nor-Lake walk-in freezer and refrigeration system
Scotsman commercial ice machine
• Extensive prep and café equipment included

Listing Contacts

BL
NY NY 10401287317
Christie’s International Real Estate
Listed by Christie’s International Real Estate

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