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The Waypointe 515 West Ave 1,640 - 40,245 SF of Space Available in Norwalk, CT 06850

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Highlights

  • 81,410 SF retail center featuring fitness, beauty, dining (ranging from fast casual to high-end), medical, and decor
  • Easy access on and off of I-95 North and South
  • AMPLE FREE PARKING: 1,400+ SPACES
  • Headlining tenants include: Chase Bank, Salons by JC, Colony Grill, F45 Gym, and Elm Street Diner
  • Fully built-out, second generation restaurant and financial institution opportunities

Space Availability (9)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • Lower Level - Lower Level Space
  • 14,950 SF
  • -
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
15 Merwin St - Lower Level - Lower Level Space
Space Use
Flex
Condition
Shell Space
Availability
Now

Cellar Space with 16' ceiling height.

  • Lease rate does not include utilities, property expenses or building services
  • Exposed Ceiling
  • 1st Floor, Ste A1
  • 2,903 SF
  • 12’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
500 West Ave - 1st Floor - Ste A1
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Currently built as a Financial Service tenant. Excellent condition with high ceilings.

  • Fully Built-Out as Financial Services Office
  • Space is in Excellent Condition
  • Finished Ceilings: 12’
  • 1st Floor, Ste B2
  • 2,316 SF
  • -
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
500 West Ave - 1st Floor - Ste B2
Space Use
Medical
Condition
Shell Space
Availability
60 Days
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste F
  • 3,268 SF
  • 12’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
515 West Ave - 1st Floor - Ste F
Space Use
Retail
Condition
Shell Space
Availability
Now

Outdoor Seating. Vent Shaft available.

  • Located in-line with other retail
  • Central Air Conditioning
  • Finished Ceilings: 12’
  • 1st Floor, Ste O
  • 5,099 SF
  • 12’
  • 10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
515 West Ave - 1st Floor - Ste O
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation turn key restaurant available.

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Finished Ceilings: 12’
  • 1st Floor, Ste P1
  • 3,045 SF
  • -
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
515 West Ave - 1st Floor - Ste P1
Space Use
Retail
Condition
Shell Space
Availability
Now
  • 1st Floor, Ste U
  • 4,374 SF
  • -
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
15 Merwin St - 1st Floor - Ste U
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as a Restaurant or Café Space
  • 1st Floor, Ste W
  • 2,650 SF
  • -
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
15 Merwin St - 1st Floor - Ste W
Space Use
Retail
Condition
-
Availability
Now
  • 1st Floor, Ste X
  • 1,640 SF
  • -
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
15 Merwin St - 1st Floor - Ste X
Space Use
Retail
Condition
-
Availability
Now
Space Size Ceiling Term Rental Rate Rent Type
Lower Level - Lower Level Space 14,950 SF - Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste A1 2,903 SF 12’ Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste B2 2,316 SF - Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste F 3,268 SF 12’ Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste O 5,099 SF 12’ 10 Years Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste P1 3,045 SF - Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste U 4,374 SF - Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste W 2,650 SF - Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste X 1,640 SF - Negotiable Upon Request Upon Request Upon Request Upon Request TBD

15 Merwin St - Lower Level - Lower Level Space

Size
14,950 SF
Ceiling
-
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Flex
Condition
Shell Space
Availability
Now

Cellar Space with 16' ceiling height.

  • Lease rate does not include utilities, property expenses or building services
  • Exposed Ceiling

500 West Ave - 1st Floor - Ste A1

Size
2,903 SF
Ceiling
12’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Currently built as a Financial Service tenant. Excellent condition with high ceilings.

  • Fully Built-Out as Financial Services Office
  • Space is in Excellent Condition
  • Finished Ceilings: 12’

500 West Ave - 1st Floor - Ste B2

Size
2,316 SF
Ceiling
-
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Medical
Condition
Shell Space
Availability
60 Days

  • Lease rate does not include utilities, property expenses or building services

515 West Ave - 1st Floor - Ste F

Size
3,268 SF
Ceiling
12’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

Outdoor Seating. Vent Shaft available.

  • Located in-line with other retail
  • Central Air Conditioning
  • Finished Ceilings: 12’

515 West Ave - 1st Floor - Ste O

Size
5,099 SF
Ceiling
12’
Term
10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation turn key restaurant available.

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Finished Ceilings: 12’

515 West Ave - 1st Floor - Ste P1

Size
3,045 SF
Ceiling
-
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

15 Merwin St - 1st Floor - Ste U

Size
4,374 SF
Ceiling
-
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as a Restaurant or Café Space

15 Merwin St - 1st Floor - Ste W

Size
2,650 SF
Ceiling
-
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
-
Availability
Now

15 Merwin St - 1st Floor - Ste X

Size
1,640 SF
Ceiling
-
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
-
Availability
Now

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.

Property Facts

Total Space Available 40,245 SF
Center Type Neighborhood Center
Parking 1673 Spaces
Stores 0
Center Properties 3
Total Land Area 7.84 AC
Year Built 2014
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
The YMCA
Key Food
Fairfield County Bank
D1 Sports Training
Starbucks
Goldfish Swim School
Bank of America
CTown
Webster Bank
  • Listing ID: 39479895

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 515 West Ave, Norwalk, CT 06850

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