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Fairfield Retail Property Sells for $735K

February 20, 2019 | Reprints | Unlock Link | Print

A fully leased retail property located at 1485 Black Rock Turnpike in Fairfield has sold for $735,000, according to Southport-based commercial real estate firm Angel Commercial LLC. The seller was 1485 Black Rock LLC and the buyer was Hambell LLC.

1485 Black Rock Turnpike is a 3,480-square-foot, freestanding retail building on 0.23 acres in a Neighborhood Development District zone. The anchor tenant is Marcello’s Deli and Grill, and Turnpike Music Garage leases the lower level.

“We are pleased to have assisted an out-of-state property owner in the disposition of this commercial real estate asset,” Angel Commercial President John Angel said in a statement.

Angel represented the seller in this transaction.