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Single-Tenant Net-Leased Bank
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721 CANAL ST, Stamford, CT 06902

Freestanding bank facility with a long-term lease structure and established operations in Stamford’s Harbor Point district.

Property Size3,224 SF
Price / SF$1,969
Days on Market34

Property Features for 721 CANAL ST

General Information

Standard status Active
Size 3,224 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $400,000

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2011
Buildings 1
Units 1
Tenancy Single
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Jul 28 Changed: Aug 30 Last Checked: Aug 30 at 12:19AM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This 3,224-square-foot bank property was built in 2011 and is occupied by KeyBank under a net lease extending through December 2031. The agreement includes nine additional five-year renewal options with rent escalations, and the tenant carries a BBB+ Standard & Poor’s rating.

The property is located at 721 Canal Street within Harbor Point, an 80-acre mixed-use development in Stamford’s South End. It sits two blocks from Interstate 95, which records 150,000 VPD, and next to the Stamford Transportation Center. Metro-North’s station serves more than 8.5 million riders annually and provides direct regional rail connectivity.

Harbor Point includes more than 6 million square feet of residential, retail, office, and hotel space, along with over 4,000 residential units. The surrounding area also includes waterfront amenities, national retailers, corporate offices, Stamford Hospital, and Stamford Town Center.

Key Highlights

  • 3,224‑square‑foot bank building constructed in 2011
  • Net lease extends through December 2031
  • Nine remaining five‑year renewal options with rental escalations

Property Analytics

Current Use

KeyBank Bank KeyBank ATM Atm

Suggested Use

Top Pick Dental Office Garden Center Auto Parts Store Building Supply Veterinary Clinic Big Box & Wholesale Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,433
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 51% Shops & Services 26% Dining 9% Apparel 8%
ShopRite Groceries
51,755 visits/mo 0.5 miles
Dunkin' Donuts Dining
8,707 visits/mo 0.5 miles
Goodwill Apparel
7,595 visits/mo 0.4 miles
Wells Fargo Shops & Services
7,482 visits/mo 0.4 miles
Ferguson Home Improvements & Furnishings
4,926 visits/mo 0.4 miles

Demographics for 06902, CT

69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
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
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Frequently Asked Questions

What type of property is this?
Bank - Freestanding bank facility with a long-term lease structure and established operations in Stamford’s Harbor Point district.
Where is this bank located?
The property is located at 721 CANAL ST Stamford, CT.
What is the asking price?
The asking price for this property is $6,349,206.
What are key features of this property?
This property features: 3,224‑square‑foot bank building constructed in 2011; Net lease extends through December 2031; Nine remaining five‑year renewal options with rental escalations
(888) 737-2264 Call to check price and availability
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