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Property profile & analytics
OFF-MARKET
Retail space

515 West Ave Norwalk, CT 06850

56,383 SF
Property ID
US15-1347447
Property summary
AI-generated overview

This Class A retail property, The Waypointe, in Norwalk's vibrant Submarket, offers exceptional leasing opportunities. Located in Fairfield County, this 56,383 square foot center boasts a total of six suites, with five currently available for lease. Spaces range from a minimum of 1,226 square feet to a maximum contiguous space of 3,268 square feet, providing flexibility for various retail concepts. A significant 14,182 square feet of space is currently vacant. The property underwent extensive renovations in 2022, ensuring modern and attractive facilities for tenants. Ample parking is available with 1,025 spaces to accommodate customers and employees. The property sits on a substantial 6.41-acre lot, offering excellent visibility and accessibility. This multi-tenant building presents a unique chance to establish a presence in a thriving retail destination. The property's prime location and recent renovations make it an ideal choice for businesses seeking high-traffic exposure and a modern retail environment. Interested parties are encouraged to inquire about available suite sizes and lease terms.

Property profile
Verified
Property type Retail space
Total area 56,383 SF
UPID US15-1347447
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Skin Care By Calie Hair Salon Nail Salon
  • Pinot's Palette Bar & Pub
  • The Hair Haven Suite LLC (Located inside Salons By Jc, Suite 16) Hair Salon
  • advukatturkiye – advukatturkiye Consultant
  • Sedona Taphouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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