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    650 Main Ave Norwalk, CT 06851

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    For Lease
    Contact for pricing

    Norwalk, CT Power Center Opportunity

    Lot size:
    165,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Norwalk, CT power center offers 8,080 square feet of vacant retail space divisible to a minimum of 1,700 square feet and a maximum contiguous space of 4,380 square feet. Located at 650 Main Ave, 06851, this two-building, 165,000 square foot shopping center boasts excellent visibility on Route 7, with 29,500 cars passing daily. The property includes 584 parking spaces and benefits from strong co-tenancy with Walmart, ULTA, Panera Bread, Just Salad, Staples, Qdoba Mexican Grill, and Aspen Dental. Nearby retailers include TJ Maxx, Super Stop & Shop, Starbucks, and many more. Property taxes are $5.68 per square foot. Common area maintenance and taxes are $6.60 per square foot. Contact us for rental rates and further details on this prime retail location in Fairfield County.

    Property Features for 650 Main Ave

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    165,000 SF

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    9B - Pad Space
    Size
    1,250 SF
    Space
    6
    Size
    7,200 SF

    HighLights

    • 8,080 SF of divisible retail space available, minimum 1,700 SF, maximum contiguous 4,380 SF.
    • Excellent visibility on Route 7, with 29,500 VPD.
    • 165,000 SF shopping center with 584 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop Walmart Photo Center Photo Shop Walmart Pharmacy Medical Supply Store Complete Eyecare Optometrist Walmart Money Center Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4179679
    Latitude
    41.1582504

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    FAQs

    What type of property is this?
    Power center - Norwalk, CT Power Center Opportunity
    Where is this power center located?
    The property is located at 650 Main Ave Norwalk, CT.
    What are key features of this property?
    This property features: 8,080 SF of divisible retail space available, minimum 1,700 SF, maximum contiguous 4,380 SF.; Excellent visibility on Route 7, with 29,500 VPD.; 165,000 SF shopping center with 584 parking spaces.
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    650 Main Ave Norwalk, CT 06851
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    650 Main Ave Norwalk, CT 06851
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