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Retail-Office Building with Generator

18 Locust Ave New Canaan, CT 06840

18 Locust Ave, New Canaan, CT, 06840
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For Sale
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Newly completed 2017 brick-and-block building with elevator, on-site generator, and dedicated parking for 27 vehicles.

Property Size8,425 SF
Days on Market101

Property Features for 18 Locust Ave

General Information

Standard status
Active
Size
8,425 SF
Property subtype
Retail
Listing agency Worth Property Group
Listed by Anthony Naporlee · License #10401377232
Source Crexi
Added: Apr 12 Updated: Jul 21 at 3:03AM Checked: Jul 21 at 3:03AM

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 Worth Property Group


Investment Insights

Based on property information with market context.

18 Locust Avenue is an 8,425 SF brick-and-block retail/office building completed in 2017. The property has two tenants, with the first floor occupied by the United States Postal Service and the second floor occupied by a law firm with offices in Manhattan and New Canaan. Both tenants have committed to ten-year terms.

The building is positioned in the heart of New Canaan, Connecticut. Operational support includes a full building on-site generator, an elevator, and a dedicated parking lot with 27 parking spaces.

A portion of the income is supported by USPS, which is backed by the U.S. Government, and is described in the offering materials as having an S&P credit rating of AA+. Financial information is available upon completion of the required confidentiality agreement and prequalification with the listing broker.

Key Highlights

  • 8,425 SF retail/office building on Locust Avenue in the heart of New Canaan, CT.
  • Two tenants: first floor USPS and second floor a NYC law firm with Manhattan and New Canaan offices.
  • Both tenants committed to ten‑year terms; USPS lease described as irrevocable and backed by the US Government.

Property Analytics

Location Intelligence

Current Use by Public Records

Crossing Thresholds Inc. Charitable Organization Davidson, Dawson & Clark ... Law Firm Tight Lines Advisors Business Management Consultant House Pet Plant ... Kennel & Boarding Facility Little's Specialty Foods, ... Big Box & Wholesale Store

Suggested Use

Auto Repair Shop Auto Parts Store Building Supply Barber Shop Hotel & Motel Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Newly completed 2017 brick-and-block building with elevator, on-site generator, and dedicated parking for 27 vehicles.
Where is this office building located?
The property is located at 18 Locust Ave New Canaan, CT.
What are key features of this property?
This property features: 8,425 SF retail/office building on Locust Avenue in the heart of New Canaan, CT.; Two tenants: first floor USPS and second floor a NYC law firm with Manhattan and New Canaan offices.; Both tenants committed to ten‑year terms; USPS lease described as irrevocable and backed by the US Government.
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