24 Danbury Rd Wilton, CT 06897

The property at 24 Danbury Road in Wilton, CT, is a mixed-use commercial building with approximately 24,358 square feet of space. This property presents an opportunity to own a stabilized asset in an affluent Fairfield County suburb, with potential for increased value. The property is comprised of ten tenant spaces, including four retail suites and six office suites. Features include an elevator, a sprinkler system, income-producing storage space, and 37 surface parking spaces. The property benefits from high consumer visibility due to its location directly on Route 7, a retail corridor with an average daily traffic count of approximately 30,000 vehicles. Its location between the Merritt 7 Office Park and Wilton Corporate Park is advantageous for both tenants and customers. There is an opportunity to increase rental revenue by adjusting current leases to market rates. Eight of the ten tenants are currently on month-to-month leases, allowing for immediate rental income increases and long-term investment stability.