Citibank Branch
For Sale
Contact for pricing
Pending
586 Connecticut Ave, Norwalk, CT 06854
Established banking location with recent interior renovations and an absolute NNN lease structure.
Property SizeContact for details
Days on Market141
Property Features for 586 Connecticut Ave
General Information
Standard status
Pending
Property subtype
Retail, Office
Site & Location
Traffic Count
26,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Equity Investment Advisors
(310) 584-4540
Listed By:
Rich Lydon · License #CA 01466991
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 10:33PM
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 Equity Investment Advisors
Investment Insights
Based on property information with market context.
This fee-simple bank asset is occupied by a Citibank branch that has operated at 586 Connecticut Ave for 25 years. Interior renovations were completed within the last three years, and the property is offered with an absolute NNN lease structure.
The site is positioned on Connecticut Avenue in Norwalk, which functions as a frontage road to Interstate 95, also known as the Connecticut Turnpike. Nearly 26,000 vehicles pass the site per day, while Interstate 95 carries over 135,000 vehicles per day.
The surrounding retail corridor includes national tenants such as The Home Depot, Walmart, HomeGoods, Costco, Kohl’s, Dick’s Sporting Goods, PetSmart, and Chick-fil-A.
The site is positioned on Connecticut Avenue in Norwalk, which functions as a frontage road to Interstate 95, also known as the Connecticut Turnpike. Nearly 26,000 vehicles pass the site per day, while Interstate 95 carries over 135,000 vehicles per day.
The surrounding retail corridor includes national tenants such as The Home Depot, Walmart, HomeGoods, Costco, Kohl’s, Dick’s Sporting Goods, PetSmart, and Chick-fil-A.
Key Highlights
- Fee‑simple absolute NNN Citibank branch property
- Citibank has operated at this location for 25 years
- Interior renovations completed within the last three years
Property Analytics
Property Profile
Current Use
Lease Details
26,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
268k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 44%
Home Improvements & Furnishings 31%
Dining 16%
Shops & Services 8%
Costco Wholesale
Superstores
116,632 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
49,460 visits/mo
0.1 miles
McDonald's
Dining
35,747 visits/mo
0.4 miles
HomeGoods
Home Improvements & Furnishings
34,638 visits/mo
0.2 miles
Shell
Shops & Services
10,065 visits/mo
0.4 miles
Demographics for 06854, CT
29,931
Population
12,246
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
6,236
Density / Sq Mi
$86,399
Median Household Income
$42,868
Median Earnings
$1,898
Median Rent
$453,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Established banking location with recent interior renovations and an absolute NNN lease structure.
Where is this bank located?
The property is located at 586 Connecticut Ave Norwalk, CT.
What are key features of this property?
This property features: Fee‑simple absolute NNN Citibank branch property; Citibank has operated at this location for 25 years; Interior renovations completed within the last three years
