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38-40 Greenwich Ave 8,250 SF 100% Leased 4-Star Retail Building Greenwich, CT 06830 $10,750,000 ($1,303.03/SF) 5.50% Cap Rate



Investment Highlights
- Downtown Greenwich Avenue
Executive Summary
Property Facts
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Flipbook link here: https://www.calameo.com/read/007804025e47f144ca42c Originally constructed in 2008 and recently transformed through a comprehensive exterior modernization, the 8,250 SF landmark property offers exceptional frontage, dramatic vertical presence, and a sophisticated architectural identity that distinguishes it from neighboring buildings. Impeccably maintained and move- in ready, the space provides an ideal setting for a flagship boutique, luxury showroom, or experiential retail concept. - The first and second floor can be combined for one retail space of 5,500 SF (this is the current configuration of Betteridge Watches). The space has an interior elevator connecting the two spaces to make for an elevated private shopping experience. - First floor: high end lighting system built for the display of Rolex, Cartier, and comparable luxury timepieces - Private interior elevator connecting both floors to escort clients between levels for a true two floor shopping experience - Over $1,000,000 in improvements recently made to the space
Space is currently used as a high end jewelry showcase area for Betteridge certified pre-owed luxury watches, diamonds, and other jewelry. The space has superb natural light, excellent lighting configuration with antique fixtures and track lighting throughout. The space has its own break room kitchenette and "back office" space. - Extremely bright and open to work space - Private bathroom and elevator access - Can be configured as a professional office or - combined with the first floor to add extra retail shopping area - Interior elevator access to be used as a private showroom experience between first and second floor.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,750 SF | Retail | - | Jan 2027 |
| 2nd Floor | 2,750 SF | Retail | - | Jan 2027 |
1st Floor
| Size |
| 2,750 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jan 2027 |
2nd Floor
| Size |
| 2,750 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jan 2027 |
1st Floor
| Size | 2,750 SF |
| Space Use | Retail |
| Position | - |
| Available | Jan 2027 |
Flipbook link here: https://www.calameo.com/read/007804025e47f144ca42c Originally constructed in 2008 and recently transformed through a comprehensive exterior modernization, the 8,250 SF landmark property offers exceptional frontage, dramatic vertical presence, and a sophisticated architectural identity that distinguishes it from neighboring buildings. Impeccably maintained and move- in ready, the space provides an ideal setting for a flagship boutique, luxury showroom, or experiential retail concept. - The first and second floor can be combined for one retail space of 5,500 SF (this is the current configuration of Betteridge Watches). The space has an interior elevator connecting the two spaces to make for an elevated private shopping experience. - First floor: high end lighting system built for the display of Rolex, Cartier, and comparable luxury timepieces - Private interior elevator connecting both floors to escort clients between levels for a true two floor shopping experience - Over $1,000,000 in improvements recently made to the space
2nd Floor
| Size | 2,750 SF |
| Space Use | Retail |
| Position | - |
| Available | Jan 2027 |
Space is currently used as a high end jewelry showcase area for Betteridge certified pre-owed luxury watches, diamonds, and other jewelry. The space has superb natural light, excellent lighting configuration with antique fixtures and track lighting throughout. The space has its own break room kitchenette and "back office" space. - Extremely bright and open to work space - Private bathroom and elevator access - Can be configured as a professional office or - combined with the first floor to add extra retail shopping area - Interior elevator access to be used as a private showroom experience between first and second floor.
Nearby Major Retailers
Property Taxes
| Parcel Number | GREE-000001-000000-001880-S000000 | Improvements Assessment | $2,407,790 |
| Land Assessment | $1,494,850 | Total Assessment | $3,902,640 |



