Two-Tenant Retail
For Sale
Contact for pricing
38 Main St, Westport, CT 06880
Fully net-leased downtown property with a second-floor outdoor patio and direct pedestrian access to Church Street parking.
Property Size10,481 SF
Days on Market143
Property Features for 38 Main St
General Information
Standard status
Active
Size
10,481 SF
Property subtype
Retail
Occupancy
100%
Amenities
outdoor patio
public access walkway
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Newmark
(203) 531-3637
Listed By:
William Gitlin · License #CT
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 9:06PM
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 Newmark
Investment Insights
Based on property information with market context.
38 Main St is a recently constructed retail property in downtown Westport totaling 10,481 square feet. The building is fully leased to two tenants: Timothy Oulton and Mexicue. Both occupants have 10-year net leases extending through July 2032, backed by corporate guarantees. Timothy Oulton’s lease provides 10% rental escalations every five years, while Mexicue’s lease includes 2.5% annual escalations. Each tenant also has two five-year renewal options.
The property occupies a prominent position along Westport’s Main Street retail corridor, adjacent to the 108,000-square-foot Bedford Square mixed-use development. More than 30 businesses have opened on Main Street in recent years, with 10 additional businesses planned. A second-floor outdoor patio adds a distinctive amenity, and a public access walkway provides a direct connection to parking on Church Street. The building is located approximately 50 miles from New York City along the Connecticut coast.
The property occupies a prominent position along Westport’s Main Street retail corridor, adjacent to the 108,000-square-foot Bedford Square mixed-use development. More than 30 businesses have opened on Main Street in recent years, with 10 additional businesses planned. A second-floor outdoor patio adds a distinctive amenity, and a public access walkway provides a direct connection to parking on Church Street. The building is located approximately 50 miles from New York City along the Connecticut coast.
Key Highlights
- 10,481‑square‑foot retail building with 100% occupancy
- Two tenants under 10‑year net leases through July 2032
- Corporate guarantees and two subsequent five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,441
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 67%
Shops & Services 19%
Dining 9%
Beauty & Spa 3%
Anthropologie
Apparel
19,039 visits/mo
0.1 miles
lululemon athletica
Apparel
15,386 visits/mo
0.1 miles
Starbucks
Dining
10,960 visits/mo
0.0 miles
Barnes & Noble
Shops & Services
9,605 visits/mo
0.1 miles
Talbots
Apparel
5,999 visits/mo
0.2 miles
Demographics for 06880, CT
27,233
Population
10,348
Households
2.6
Avg Household Size
45
Median Age
78%
College-Educated
98%
High-School Grad
20.0 sq mi
ZIP Area
1,362
Density / Sq Mi
$250,001
Median Household Income
$105,703
Median Earnings
$2,369
Median Rent
$1,244,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Fully net-leased downtown property with a second-floor outdoor patio and direct pedestrian access to Church Street parking.
Where is this retail space located?
The property is located at 38 Main St Westport, CT.
What are key features of this property?
This property features: 10,481‑square‑foot retail building with 100% occupancy; Two tenants under 10‑year net leases through July 2032; Corporate guarantees and two subsequent five‑year renewal options
