Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

962 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

694-696 West Ave

17,000 SF 100% Leased Retail Building Norwalk, CT 06850 £6,846,438 (£403/SF) 6.76% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Great location not far from I-95 and the Route 7 interchange.

Executive Summary

This well situated, very stable property with long-term leases at reasonable rents and fully reimbursable expenses (Except Structural), including management is available for sale

696 West Avenue

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

17,000 SF

Building Class

Year Built

1927

Price

£6,846,438

Price Per SF

£403

Net Initial Yield

6.76%

NOI

£462,665

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.38

Land Acres

1.02 AC

Opportunity Zone

Yes

Zoning

CBDB - Commercial Business

Parking

60 Spaces (3.53 Spaces per 1,000 SF Leased)

Frontage

174 ft on West Ave

Amenities

Signage

MAJOR TENANTS

Retailer
12,000 SF
£30.44
NNN
Jun 2028

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.