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698 West Ave 3,888 SF of Retail Space Available in Norwalk, CT 06850
SUBLEASE HIGHLIGHTS
- Exceptional visibility along a high-traffic corridor, walkable to a significant concentration of multifamily housing.
- Onsite parking
- Turn-Key Fitness Center business with established membership base and CRM
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,888 SF | 16’ | Negotiable | $19.75 /SF/YR $1.65 /SF/MO $76,788 /YR $6,399 /MO | Plus Electric |
1st Floor
Offered for sale is a fully built-out, state-of-the-art fitness center comprising approximately 3,888 square feet at 698 West Avenue in Norwalk, Connecticut. This is a rare turnkey opportunity where the business, equipment, branding, and leasehold improvements are all included in the sale. Premises Size: Approx. 3,888 SF Ceiling Height: Approx. 16 feet, ideal for functional training, rigs, classes, and open layouts Basement: Small storage area (10' × 12') for equipment and supplies Fully sprinklered throughout Custom lighting designed by Phoenix Lighting (Fairfield) Fully customizable Lutron lighting system – easily creates different atmospheres for classes, PT, or events Professional Bluetooth sound system – ready for music, classes, or small events The space is thoughtfully laid out and would be costly and time-consuming to replicate from scratch. Reference link to presentation and picture library
- Sublease space available from current tenant
- Listed lease rate plus proportional share of electrical cost
- Central Air Conditioning
- Private Restrooms
- Wi-Fi Connectivity
- Corner Space
- High Ceilings
- Plug & Play
- After Hours HVAC Available
- Shower Facilities
- Automatic Blinds
- Finished Ceilings: 16’
- Basement
- Smoke Detector
- Very good visibility and exposure
- Abundant onsite parking
- Fully built out state of the art fitness center
- High exposed ceilings
- Fully sprinklered
- Custom lighting designed by Phoenix Lighting
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 698 WEST AVE, NORWALK, CT 06850
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Health & Rehabilitation
- Health Care
- 1
- -
- Innovative Health & Rehabilitation
- Fitness
- 2
- Local
- Next Generation Fitness
- Fitness
- 1
- -
- Rehabilitation Consultants, PC
- Health Care
- 1
- -
- Soundbodyx
- Fitness
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Health & Rehabilitation | Health Care | 1 | - |
| Innovative Health & Rehabilitation | Fitness | 2 | Local |
| Next Generation Fitness | Fitness | 1 | - |
| Rehabilitation Consultants, PC | Health Care | 1 | - |
| Soundbodyx | Fitness | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,888 SF | Gross Leasable Area | 13,850 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5/1,000 SF |
| Total Space Available | 3,888 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,850 SF |
| Year Built | 1950 |
| Parking Ratio | 5/1,000 SF |
ABOUT THE PROPERTY
Located along Norwalk’s vibrant West Avenue corridor—surrounded by luxury apartments, restaurants, retail, offices, and major mixed-use developments—this facility is perfectly positioned for a boutique gym operator, personal training studio, or a franchise conversion seeking a high-visibility, ready-to-go location in Fairfield County.
NEARBY MAJOR RETAILERS
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698 West Ave
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