Retail Space in Norwalk is spread out over the entire town with five distinct areas. The number one area is the corridor of Connecticut Ave (Route 1) from exit 14 to the Darien town line with rents in the high 20’s to mid-30’s triple net. Wal-Mart anchors this high-volume national tenant mix of many of the big box retailers e.g. Home Depot and Costco.
The next area is the Route 7 Corridor to the Wilton line anchored by the second Wal-Mart. Retail space rents are in the 20’s triple net. The third retail space area is the Westport Avenue corridor that borders on Westport anchored by Stew Leonard’s unique Supermarket and Whole Foods. Rents are in the high teens and ’20s. The fourth area is SoNo the is in South Norwalk Washington Street and North Main Street consisting of numerous restaurants and 8 screen Movie Theatre where rents are in the teens triple net.
Lastly is the downtown Norwalk retail space area that is slated for some redevelopment projects that now will include Waypointe project on West Avenue. There are some projects on board such as 95/7 retail, office and residential that will connect SoNo with I 95. Due to being in the middle of Fairfield County with Darien, New Canaan, Wilton, and Westport all bordering makes Norwalk an ideal place for these communities to shop.
Norwalk Retail Space for Sale
Larry Katz has specialized in retail space for rent and sale in Norwalk for 25 years. Due to many changes in the local market and the consolidation of properties due to new development and property use changes, the market has become more complex and challenging. Contact Larry to help you lease your space or find a new location.
Looking to Lease or Buy Office, Retail or Industrial Space in Fairfield County? Contact Us Today!