One Glover Norwalk, CT

Execute CA

The Offering

Address

1 Glover Ave
Norwalk, CT

As exclusive agent, Cushman & Wakefield is pleased to offer for sale a 100% fee interest in One Glover in Norwalk, Connecticut.

Built in 2015 and situated in the heart of Connecticut’s “Gold Coast”, One Glover is truly unique in the market given its potential to upgrade unit finishes and drive rent growth while maintaining a competitive edge. The 132-unit community includes a mix of studio, 1 bedroom and 2 bedroom floorplans featuring granite countertops, stainless steel appliances, in-unit washer and dryer, walk-in closets, and outdoor private space in select units.

The community offers amenities including a fitness center, an interior courtyard with grills and firepit, resident study nook, and covered on-site parking. As a major convenience to residents, the property is located at the epicenter of the North 7 corridor, one of Fairfield County’s most thriving live-work-play communities. One Glover is conveniently located less than 1 minute from the Merritt Parkway, 2 minutes from the newly constructed Merritt 7 Train Station with direct access to NYC, 7 minutes from I-95, 8 minutes from historic South Norwalk (“SoNo”), and 15 minutes from Stamford, Darien, and Westport, giving it unparalleled local and regional connectivity. The community's location provides residents access to a variety of outdoor recreational amenities, high-end dining and extensive shopping destinations located throughout Norwalk and lower Fairfield County.

Investment Highlights

• Opportunity to update unit finishes and push rents while maintaining pricing advantage in the market

• Unparalleled demographics with an average household income of $145,790 and an average sale price of $1.2M for single-family homes in Norwalk, CT

• Exceptionally well-located for commuters steps from Merritt 7 Metro-North Station and easy access to I-95 and Merritt Parkway

• Beneficiary of suburban flight to Fairfield County offering a thriving downtown, reasonable commutes, and amenity-rich location

• The property is directly surrounded by over 3.5MM sqft of office space and home to numerous Fortune 1000 companies and globally recognized firms

Location Map

Sales Inquiries

 

NIKO NICOLAOU
Vice Chairman
+ 1 201 426 2227
niko.nicolaou@cushwake.com

RYAN W. DOWD
Managing Director
+ 1 201 508 5278
ryan.dowd@cushwake.com

MATTHEW TORRANCE
Senior Director
+1 860 304 7069
matthew.torrance@cushwake.com

AL MIRIN
Executive Managing Director
+1 203 326 5822
al.mirin@cushwake.com

JP HOHL
Associate Director
+ 1 201 426 2225
jeanpierre.hohl@cushwake.com