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40 Richards Ave
Norwalk, CT 06854
One Norwalk West · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
147,722 SF
Building Class
B
Year Built
1985
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
21,103 SF
Slab To Slab
10’
Building FAR
2.44
Lot Size
1.39 AC
Zoning
B-1 - Business
Parking
403 Spaces (2.73 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Fitness Center
  • Food Service
  • Property Manager on Site

ABOUT 40 RICHARDS AVE , NORWALK, CT 06854

We are pleased to present the opportunity to purchase 40 Richards Avenue in Norwalk, CT. 40 Richards Avenue is a 147,722± SF multi-tenant office building that is 81% leased to diversified tenant roster ranging in size from 632 SF to 18,982 SF with a weighted average lease term (“WALT”) of 4.3 years. The seven-story building is strategically set on an elevated site between Route 1 and Interstate 95. This prime location is adjacent to Exit 13 and less than 2 miles from Exits 14 and 15 (Route 7 Connector), which connects with the Merritt Parkway (Route 15), affording excellent visibility while linking the area’s diverse regional labor market and the affluent neighboring residential communities in the towns of Darien, New Canaan, Wilton and Westport. The property’s Route 1 Corridor setting also provides its tenancy with direct access to a numerous selection of retail, restaurants and hotels, as well as positioning it within minutes of downtown Darien and historic South Norwalk (“SoNo”).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NORW-000005-000072-000035
Land Assessment
$2,375,110
Improvements Assessment
$7,989,500
Total Assessment
$10,364,610
  • Listing ID: 16117198

  • Date on Market: 5/21/2019

  • Last Updated:

  • Address: 40 Richards Ave, Norwalk, CT 06854

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