99 Greenwich Ave
Greenwich, CT 06830
CVS · Retail Property For Sale
Property Facts
About 99 GREENWICH AVE , GREENWICH, CT 06830
CBRE has been retained as the exclusive advisor for the sale of 99 Greenwich Avenue, a 10,695 SF single tenant retail building NNN leased to CVS through January 2038, providing an investor with long term stable income. The property is located on the prestigious Greenwich Avenue, known as the “Rodeo Drive of the East”, in the high demographic town of Greenwich, CT – home to 12 billionaires on the Forbes 2018 list. Strong In-Place Income: * In Place NOI of $1,794,000 with highly unique 10% rent bumps every 5 years. * CVS’ lease expires in 2038, providing long term, stable cash flow. * CVS renewed effective February 2018 affirming their commitment to the property. * Minimum Landlord responsibility- only responsible for roof replacement and structure.
Property Taxes
| Parcel Number | GREE-000001-000000-001873-S000000 | Improvements Assessment | $12,629,680 |
| Land Assessment | $7,060,130 | Total Assessment | $19,689,810 |
Property Taxes
