RDS National Group has purchased Stop & Shop Plaza, a 54,510-square-foot, single-tenant retail building triple net leased to Stop & Shop in the suburban New York City community of Bridgeport, Conn.
JLL Capital Markets marketed the property on behalf of the sellers.
Completed in 2006, the retail building is occupied by Stop & Shop Supermarket, one of the northeast’s largest supermarket chains and the No. 1 grocer by market share in Connecticut. It is positioned on 7.5 acres at 2145 Fairfield Avenue along the Fairfield Avenue Commercial corridor. Stop & Shop Plaza is minutes from the region’s dominant highways, including Interstate 85 and Route 1, and Bridgeport is only an hour from New York City’s Grand Central Station. Additionally, Bridgeport houses nearly 7,500 residents per square mile and is within Fairfield County, the most densely populated county in the state. There are more than 45,000 households within a three-mile radius of Stop & S
