Description

JLL Capital Markets is pleased to present the exclusive opportunity to acquire Bedford Square, a premier 108,190 SF mixed-use asset located in downtown Westport, Connecticut, one of the nation's most affluent markets. Fully renovated in 2017, this award-winning property seamlessly blends historic architecture with modern amenities, featuring 16 commercial suites and 24 luxury residential units. The property benefits from exceptional demographics, with average household incomes exceeding $358,000 within one mile and 3.7 million annual visits to downtown Westport. Bedford Square is anchored by investment-grade tenants including Anthropologie, Amazon One Medical, and Williams Sonoma and the residential portion is 100% leased.

This offering presents a rare opportunity to acquire an irreplaceable asset in a supply-constrained market with high barriers to entry. The property features immediate value-add potential through 7,435 SF of prime vacancy across four retail suites, offering investors the ability to capture additional upside. With a 5-year NOI CAGR of 4.06%, staggered lease maturities (5.2 year WALT), and a strategic location at the intersection of Main Street and Post Road East (28,200 VPD), Bedford Square represents a generational investment opportunity in Fairfield County's coveted "Gold Coast."

The single-tenant Serena & Lily property located at 35 Elm Street is also available for sale. Please visit the JLL deal room for additional information.

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