1380 East Putnam Avenue

Cushman & Wakefield’s Capital Markets Group is pleased to present for sale or lease 1380 East Putnam Avenue in Old Greenwich, Connecticut for $2,950,000 or $55 PSF NNN.

1380 East Putnam Avenue is a 4,834± SF single-story retail building located within the well-established Route 1 Retail Corridor, 0.25± miles from Exit 5 of Interstate 95, 0.4± miles from the border of the City of Stamford, and 1 mile from the Old Greenwich Metro-North Train Station. The property is currently vacant, providing the opportunity for it to be delivered unencumbered for an owner-occupant or the ability to increase value through lease-up.

The building sits on a 0.28-acre corner site that has 120’± of frontage on East Putnam Avenue (14,900± VPD), 140’± frontage on Ferris Drive, and provides a parking ratio of 4.34/1,000 SF. The property benefits from its strategic location within a supply constrained, regional drawing local and national retail corridor that has consistent tenant demand and notable immediate neighbors including the Hyatt Regency Hotel, Walgreens, Edge Fitness Club, Staples, Starbucks, Chipotle, McDonald’s, CVS, ACME Markets, Verizon, Taco Bell and Boston Market, in addition to numerous corporate businesses.