Greenwich Portfolio Office FOR SALE


Greenwich, CT
$11,500,000 USD
203-531-3626
, Greenwich, CT for Sale
$11,500,000 USD
Office - FOR SALE
1/5
null | 24.28% Cap Rate

Greenwich Portfolio
Greenwich, CT


OVERVIEW

AT A GLANCE Five office and medical buildings, three of which feature user-owner potential, that are available in the highly desirable Fairfield County community of Greenwich, Connecticut SIGNIFICANT RENTAL UPSIDE Presently 72% leased to 14 tenants with average in-place rents of $43 per square foot, a 39.5% discount to portfolio average market rents of $60 per square foot LEASE-UP POTENTIAL Upside potential via the lease up of 16,356 square feet of immediately available space and markup of below-market in-place rental rates Situated just 30 miles northeast of New York City with seamless regional access via Interstate 95, the Merritt Parkway and the Metro-North Railroad’s Greenwich station Greenwich offers exceptional office and medical demand, serving as one of the most attractive satellite locations for Manhattan employers, a hub for financial services companies and home to one of the most affluent residential populations in the United States The assets can be purchased together or separately.

ASK ABOUT THIS PROPERTY

Cory GubnerNewmarkMore Info
203-531-3626

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Cory GubnerNewmarkMore Info
203-531-3626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.