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1643 Post Road

Sikorsky Credit Union Acquires Retail Property At 1643 Post Road In Fairfield For $2.6M
SOLDRetail

Sikorsky Credit Union Acquires Retail Property At 1643 Post Road In Fairfield For $2.6M

1643 Post Road

$2,600,000

$959/SF

Building Size

2,709 SF

Asset Type

Retail

Closing

Aug 15, 2025

AI

Sikorsky Credit Union purchased a retail property located at 1643 Post Road in Fairfield, CT. The transaction occurred on August 15, 2025, with a sale price of $2,600,000 for a total of 2,709 square feet, resulting in a price per square foot of $960.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,600,000
  • Address: 1643 Post Road
  • Market: Fairfield, CT
  • Buyer: Sikorsky Credit Union
  • Seller: Post Road Fairfield, LLC
  • Broker Representatives: Scott Peterson & Charlene O’Connell - Choyce Peterson
  • Square Footage: 2,709
  • Price Per Square Foot: $960

The deal was facilitated by brokers Scott Peterson and Charlene O’Connell, who successfully managed multiple offers due to the property's advantageous downtown location and existing drive-through banking infrastructure. This acquisition marks Sikorsky Credit Union's first brick-and-mortar location in the town of Fairfield.

Players

Scott Peterson

Choyce Peterson

Broker

$9.2M

vol

2 deals

Broker
Choyce Peterson
Choyce PetersonBrokerage

Fairfield Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93