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NNN Property with Long-Term Tenant
For Sale
$1,425,000
Pending

1 Havemeyer Lane, Old Greenwich, CT 06870

A long-term tenant occupies the property under a NNN lease structure.

Property Size1,726 SF
Days on Market514

Property Features for 1 Havemeyer Lane

General Information

Standard status Pending
Size 1,726 SF
Property subtype Retail
Zoning GB (business) and R7 (residential)

Additional Details

Cap Rate 6%

Amenities

3
Other

Building Details

Year Built 1957
Listing Agency: Compass Connecticut, LLC
Listed By: Charles grw.rets.vincicha
Source: Xome
Added: Mar 14, 2025 Changed: Aug 9 Last Checked: Aug 9 at 2:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Connecticut, LLC

Investment Insights

Based on property information with market context.

Located at 1 Havemeyer Lane in Old Greenwich, Connecticut, this NNN property contains 1,726 of reported property size and was built in 1957. The asset is leased to a long-term tenant under a NNN lease, providing an established contractual structure for ownership.

The property sits on the Greenwich-Stamford border and is surrounded by retail, dining, and service-oriented businesses. GB (business) and R7 (residential) zoning are identified for the property. The surrounding area serves a combined population of nearly 200,000 residents, and the asset carries a 6% cap rate.

Key Highlights

  • 6% cap rate
  • Long‑term tenant under a NNN lease
  • GB (business) and R7 (residential) zoning

Property Analytics

Current Use

Tip Top Nails Nail Salon

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby
224k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 32% Home Improvements & Furnishings 25% Dining 24% Hotels & Casinos 11%
ShopRite Groceries
70,813 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
53,237 visits/mo 0.4 miles
La Quinta Inn & Suites by Wyndham Stamford / New York City Hotels & Casinos
22,167 visits/mo 0.5 miles
Wendy's Dining
22,104 visits/mo 0.3 miles
Taco Bell Dining
12,413 visits/mo 0.5 miles

Demographics for 06870, CT

7,720
Population
2,897
Households
2.7
Avg Household Size
42
Median Age
83%
College-Educated
99%
High-School Grad
2.3 sq mi
ZIP Area
3,357
Density / Sq Mi
$227,727
Median Household Income
$119,659
Median Earnings
$3,501
Median Rent
$1,579,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - A long-term tenant occupies the property under a NNN lease structure.
Where is this nnn property located?
The property is located at 1 Havemeyer Lane Old Greenwich, CT.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 6% cap rate; Long‑term tenant under a NNN lease; GB (business) and R7 (residential) zoning
More about this property
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