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Freestanding Flex Space with Drive-In Door
New
For Lease
$649,000

7 Cross St, Norwalk, CT 06851

Two-level industrial space with showroom, office, storage, loading, parking, and utility features for varied commercial operations.

Space SizeContact for details
Days on Market6

Property Features for 7 Cross St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,529
Listing Agency: William Raveis Real Estate
Listed By: Jeffrey Kaplan
Source: Exprealty
Added: Sep 13 Changed: Sep 15 Last Checked: Sep 18 at 11:03AM

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 William Raveis Real Estate

Investment Insights

Based on property information with market context.

This freestanding flex property contains 1,681 square feet across two levels and is zoned I1 for industrial use. The first floor has 10-foot ceilings, a 10-foot-wide by 9-foot-tall drive-in overhead door, central AC, natural gas heating, and a bathroom connected to city water and sewer. The second floor has 8-foot ceilings suited to office or storage functions. Three-phase electric service supports a range of commercial operations.

The property occupies a 0.06-acre lot on Cross Street in Norwalk, along US-1. The site is approximately three blocks from the Route 7 Expressway at Exit 1 and one-half mile from Stew Leonard's. The corridor is reported to see approximately 20, 000 vehicles per day. Six dedicated street-side parking spaces are included, providing room for customer, employee, or fleet parking.

Key Highlights

  • 1,681‑square‑foot freestanding flex property on a 0.06‑acre lot
  • 10‑foot‑wide by 9‑foot‑tall drive‑in overhead loading door
  • 10‑foot first‑floor ceilings and 8‑foot second‑floor ceilings

Property Analytics

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Current Use

Mr. Mailbox Factory

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Locksmith Travel Agency Pet Grooming Service Fish Market

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,384
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06851, CT

28,254
Population
12,142
Households
2.3
Avg Household Size
42
Median Age
44%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
3,669
Density / Sq Mi
$106,978
Median Household Income
$55,838
Median Earnings
$2,009
Median Rent
$565,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Similar Off Market Nearby

  • Alchemy Custom Celebrations & Cuisine 2 Wilton Ave, Norwalk, CT 06851
  • Italian Corner Deli 34 North Ave, Norwalk, CT 06851

Frequently Asked Questions

What type of property is this?
Flex space - Two-level industrial space with showroom, office, storage, loading, parking, and utility features for varied commercial operations.
Where is this flex space located?
The property is located at 7 Cross St Norwalk, CT.
What is the lease rate?
The lease rate is $649,000.
What are key features of this property?
This property features: 1,681‑square‑foot freestanding flex property on a 0.06‑acre lot; 10‑foot‑wide by 9‑foot‑tall drive‑in overhead loading door; 10‑foot first‑floor ceilings and 8‑foot second‑floor ceilings
More about this property
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