retail center for sale wilton plaza 17 danbury road...
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Retail Center for Sale
Wilton Plaza – 17 Danbury Road (Route 7)
Wilton, Connecticut Fairfield County
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17 Danbury Road represents a unique opportunity to acquire a pure retail property in Wilton, CT, one of the wealthiest
towns in Fairfield County.
The property is located in South Wilton close to the Norwalk city line. Danbury Road is a main thoroughfare, with
30,000+ cars per day traffic count, according to the CT DOT.
The location is further validated by the 75,000 SF Gateway Center shopping center located directly across the street,
where national tenants like Michael’s, TJ Max, Outback Steakhouse, GNC and Boston Market currently lease space.
Population density is also very good, at 128,016 within a 5-mile radius: demographics are ideal, with an Average
Household Income of $169,191 per year for the same radius.
The property has been extensively renovated by the current ownership, with about $235,000 invested in capital items
over the last few years.
The property now only needs a professional operator that will bring it to its maximum potential within a short period
of time.
*All information is subject to errors and omissions
E X E C U T I V E S U M M A RY
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PROPERTY FACTS
*All information is subject to errors and omissions
Year Built: 1951
Renovated: Multiple times, last time in 2011-2012
Property type: Commercial retail condominium, part of a seven building complex
Building size: 3,524 SF in three separate units
Frontage: 92 feet approximately
Roof type: Flat
Heating: Natural gas, forced air
A/C type: Central
Utilities: Separately metered
Zone: DRB – Design Retail Business District - Restaurant use in the center needs special permit to continue
the use
Financing: The property currently has financing in place from People’s United Bank
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PROPERTY FACTS
*All information is subject to errors and omissions
Latest capital improvements in
2011-2012 by ownership include: Upgraded electrical system throughout the building
New HVAC in store #1 and #3
New roof and siding
New handicap bathroom in store #1 and #3
New sheetrock, insulation, drop ceiling
New storefront windows
Foundation, subfloor repair
Flood insurance is required by law and the premium is based on the mortgage amount
Asking Price: $1,125,000
AERIAL
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17 Danbury Road
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PHOTOS
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Building Right Side
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Electric Meters
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Gas Meters
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Vacant Space
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Vacant Space
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FLOOR PLAN &
SITE PLAN
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92’ Frontage
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ELEVATION
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ZONING REGULATIONS
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DEMOGRAPHICS
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D E M O G R A P H I C S
Total Population: 1 Mile 3 Mile 5 Mile
3,971 46,499 128,016
Median Household Income:
$128,078 $117,229 $116,531
Average Household Income:
$167,274 $163,575 $169,191
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LOCATION MAP
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FRANCO FELLAH
EXECUTIVE VICE PRESIDENT
HK GROUP COMMERCIAL
253 RIVERSIDE DRIVE
WESTPORT, CT
O: 203-454-8700
C: 203-981-3476