542 Westport Avenue, Norwalk, CT 06851
542 Westport Avenue
Norwalk, CT 06851
50,000+ SF Retail Space and 2nd Floor Office/Medical Space for Lease on Norwalk/Westport Border
Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer a 50,420 RSF retail space and 13,929 RSF of medical/office space for lease in a very active shopping center at 542 Westport Avenue in Norwalk, CT. The 153,000 RSF shopping center on 10.37 acres provides a bustling environment with over 71,600 visits and 23,800 unique visitors per month. Located at a signalized traffic light with 458 linear feet of frontage and two curb cuts on Route 1, the shopping center boasts excellent visibility and is easily accessible. The building features a solar array and energy-efficient lighting.
RETAIL: The ground level spans 53,298 RSF. There is currently 50,420 RSF of retail space with a clear ceiling height of up to 16' and two loading docks available for lease at $25/RSF NNN.
OFFICE/MEDICAL: A versatile 13,929 RSF second-floor handicap-accessible space is next to Summit Health and is perfect for medical or office purposes. It is easily reached through the side lobby equipped with two elevators. This office/medical space is for lease at $22/RSF NNN.
Enjoy 714 shared parking spaces and prominent pylon signage. Other tenants in the building include AMC Royale 6 and The Edge Fitness Club. The Business No. 2 (B2) Zone allows for retail, medical, offices, restaurants, schools, and museums. Many additional uses are allowed with special permit such as warehouse, wholesale distribution, and commercial recreation.
542 Westport Avenue is conveniently located just 1.2 miles from I-95 (Exit 17) and the Westport Metro-North Train Station, and steps away from a Greater Bridgeport Transit Bus Stop. Surrounding neighbors include Intensity Racquet Club, Whole Foods, CVS, FedEx, Petco, Marshalls, Staples, Mattress Firm, and Garavel Chrysler Jeep Dodge RAM.
Don't miss this opportunity to secure your space in this vibrant shopping center. For more information, please contact Jon Angel or Eva Kornreich at (203) 335-6600.
Financial Information | |
Lease Rate: | $25/RSF NNN (Retail) $22/RSF NNN (Office/Medical) |
NNN Expenses: | $7.80 (2023) |
The Site | |
Total Space Available: | 50,420 RSF (Retail) & 13,929 RSF (Office/Medical) - Spaces are divisible |
Total Building Size: | 153,000 SF |
Land: | 10.37 Acres |
Zoning: | Business Zone No. 2 (B2) |
Year Built: | 1971 |
Construction: | Brick/Masonry |
Stories: | Two |
Tenancy: | Multiple |
Floors: | First (Retail), Second (Office/Medical) |
Features | |
Traffic Count: | 18,175 Average Daily Volume |
Parking: | 714 Spaces Including 155 Covered (5 per 1,000 SF) |
Loading: | 1st Floor: Two Loading Docks |
Ceiling Height: | 1st Floor: Up to 16’ Clear |
Column Spacing: | 1st Floor: 24’ x 19’ |
Building Amenities: | Two Elevators, Monument & Building Signage, Wet Sprinkler System, Video Surveillance Security System, Solar Array, Energy-Efficient Lighting |
Utilities | |
Water/Sewer: | City/City |
Heating: | Gas |
A/C: | Central Air-Conditioning |
Demographics | 3 Miles | 5 Miles |
Population: | 109k | 164k |
Median HH Income: | $110k | $136k |
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