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779 Bridgeport Avenue

Horvath & Tremblay Sells Fountain Square Retail Center In Shelton For $30.5M
SOLDRetail

Horvath & Tremblay Sells Fountain Square Retail Center In Shelton For $30.5M

779 Bridgeport Avenue & 795 Bridgeport Avenue

$30,500,000

$540/SF

Building Size

56,444 SF

Asset Type

Retail

Closing

Jul 7, 2026

AI

The transaction involves a retail asset located at 779 Bridgeport Avenue and 795 Bridgeport Avenue in Shelton, CT. The property consists of 56,444 square feet and spans across 6.11 acres, with a sale price of $30,500,000, equating to a price per square foot of $540.

Summary of transaction details:

The brokers Robert Horvath, Todd Tremblay, and Matthew Nadler represented the seller and procured the buyer for this transaction involving the fully leased retail center known as Fountain Square.

Players

Robert Horvath

Horvath & Tremblay

Broker

$564M

vol

114 deals

Broker

Avenue 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

0.52%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93