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162 E Putnam Ave 5,506 SF 100% Leased Retail Building Cos Cob, CT 06807 For Sale



Investment Highlights
- Please read and review the Purchase and Sale Agreement and accompanying ATM Lease Agreements (Exhibit E to the PSA), at www.BankingCentersForSale.com
- 74,590 vehicles per day.
- Between exit 4 & 5 of I-95.
- Corner of E Putnam Ave (U.S. Route 1) and Sinawoy Road.
- Three (3) curb cuts.
Executive Summary
BIDS DUE: JUNE 5, 2026
-CBRE represents a national bank with prime banking center opportunities for purchase.
-Location will be purchased through a modified bid process with minimum bids.
-Sale is structured as a sale with partial leaseback that allows Bank of America to maintain a walk-in ATM for an initial term of five years, with renewal options.
-Please read and review the Purchase and Sale Agreement and accompanying ATM Lease Agreements (Exhibit E to the PSA), which is available at www.BankingCentersForSale.com
-Visit www.BankingCentersForSale.com to view available properties as well as register and receive email notifications about new banking center opportunities.
-CBRE represents a national bank with prime banking center opportunities for purchase.
-Location will be purchased through a modified bid process with minimum bids.
-Sale is structured as a sale with partial leaseback that allows Bank of America to maintain a walk-in ATM for an initial term of five years, with renewal options.
-Please read and review the Purchase and Sale Agreement and accompanying ATM Lease Agreements (Exhibit E to the PSA), which is available at www.BankingCentersForSale.com
-Visit www.BankingCentersForSale.com to view available properties as well as register and receive email notifications about new banking center opportunities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,506 SF
Building Class
C
Year Built
1955
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.30 AC
Zoning
LBR-2 - Local Business Residential
Parking
18 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
84’ on Putnam Ave
Amenities
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | GREE-000008-000000-003522-S000000 | Improvements Assessment | $1,832,110 |
| Land Assessment | $905,310 | Total Assessment | $2,737,420 |
Property Taxes
Parcel Number
GREE-000008-000000-003522-S000000
Land Assessment
$905,310
Improvements Assessment
$1,832,110
Total Assessment
$2,737,420
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