Connecticut Avenue Retail Building In Norwalk For Sale For $17,636,571

NORWALK, CT — Built in 1994 and measuring 23,148 square feet, 525 Connecticut Ave. in Norwalk, which holds a PetSmart location, is on the market for $17,636,571, according to the listing on Crexi.com.

The building rests on a 2.07-acre parcel, and a veterinary hospital has been added at the site.

Net operating income is $925,920, and the price per square foot is $762. The PetSmart has been at the site since 2002, and its lease is set to expire in 2037.

The listing is presented by the Issenberg Britti Group of Surmount.

From the listing on Crexi.com: "Located directly on US-1 (25,000 Vehicles per day) with immediate access to I-95 (200,00 Vehicles per day) Exits 13 and 14, this property sits in the primary retail corridor serving lower Fairfield County, which is one of the most affluent areas (Over $164K HHI in the Market Area) in the Northeast."

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