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Multi-Tenant NNN Property
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124-126 New Canaan Avenue, Norwalk, CT 06850

Corner commercial building with service businesses, restaurants, and ample on-site parking.

Property Size1,968 SF
Price / SF$0.01
Days on Market103

Property Features for 124-126 New Canaan Avenue

General Information

Standard status Active
Size 1,968 SF
Property subtype Commercial
Lease Term Lease Price Desc: Per SqFt/Per Year, Five Years

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Building Details

Building Size 1,968 SF
Year Built 1968
Tenancy Multi
Listing Agency: Century 21 AllPoints Realty
Listed By: Bob Jr Virgulak · License #RES.0805970
Source: Iverty
Added: May 20 Changed: Aug 30 Last Checked: Aug 30 at 5:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 AllPoints Realty

Investment Insights

Based on property information with market context.

This 4,815-square-foot commercial building, constructed in 1968, is configured for multiple occupants and currently houses local service businesses and restaurants. The property is offered with a full triple net lease structure and includes ample parking.

The building occupies a corner at 124-126 New Canaan Avenue in Norwalk’s Broad River neighborhood. It sits along Route 123, also identified as New Canaan Avenue, near the interchange with the Merritt Parkway, Route 15. Its established commercial setting and existing multi-tenant configuration support continued use by service-oriented and restaurant occupants.

Key Highlights

  • 4,815 SF commercial building constructed in 1968
  • Full triple net lease structure
  • Multi‑tenant configuration with service businesses and restaurants

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Cafe & Coffee Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Shops & Services 27%
Wendy's Dining
16,873 visits/mo 0.4 miles
Mobil Shops & Services
5,533 visits/mo 0.3 miles
Dunkin' Donuts Dining
3,692 visits/mo 0.2 miles
KeyBank Shops & Services
2,046 visits/mo 0.4 miles

Demographics for 06850, CT

20,801
Population
8,556
Households
2.4
Avg Household Size
39
Median Age
52%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
3,059
Density / Sq Mi
$121,910
Median Household Income
$60,036
Median Earnings
$2,283
Median Rent
$562,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Corner commercial building with service businesses, restaurants, and ample on-site parking.
Where is this nnn property located?
The property is located at 124-126 New Canaan Avenue Norwalk, CT.
What are key features of this property?
This property features: 4,815 SF commercial building constructed in 1968; Full triple net lease structure; Multi‑tenant configuration with service businesses and restaurants
More about this property
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