Commercial Real Estate News
588 Main Avenue, Norwalk, CT, Sells for $2.75 Million
NORWALK, CT – SEPTEMBER 2, 2022 – Angel Commercial, LLC, announces the sale of 588 Main Avenue in Norwalk, CT, for $2,750,000 to an undisclosed investor. The seller was JA Real Property Corporation Inc., whose principal owned the property for 37 years.
“588 Main Avenue is a 5,732 SF neighborhood retail strip center that is fully leased by two long-term national tenants, Subway and Mattress Firm,” states Brett A. Sherman, CCIM, who represented the seller. “This purchase was a 1031 Exchange for the buyer, and they were able to acquire a great asset in an excellent location.”
Bryan Atherton and Matt Renzulli from Coldwell Banker Commercial represented the buyer.
Angel Commercial, LLC, is an award-winning full-service commercial real estate brokerage firm headquartered in Fairfield County, Connecticut. The company specializes in the acquisition, disposition, and leasing of office, industrial, retail, land, investment, and development properties locally and nationally. Visit Angel Commercial, LLC, on the web at angelcommercial.com.