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Ground-Floor Bank Condominium
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850 E Main St, Stamford, CT 06902

Ground-floor condominium bank leased under an NNN structure with extension options.

Property Size4,000 SF
Days on Market143

Property Features for 850 E Main St

General Information

Standard status Active
Size 4,000 SF
Property subtype Retail

Additional Details

Floor Ground

Building Details

Tenancy Single
Listing Agency: Wald Real Estate Associates Inc.
Listed By: Cody Parker Hellberg · License #NY 10401214812
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:36PM

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 Wald Real Estate Associates Inc.

Investment Insights

Based on property information with market context.

This offering consists of a 4,000-square-foot condominium unit configured for bank use on the ground floor of a multifamily building. The property is subject to an NNN lease with two years left in the 15-year initial term. Two additional five-year extension options are available, each carrying 15% escalations.

The unit is located at 850 East Main Street, Unit C-1, along US Route 1 in Stamford, Connecticut. The property sits within a retail corridor described as highly trafficked, providing a commercial setting for the existing bank use.

Key Highlights

  • 4,000 sq ft ground‑floor condominium unit
  • NNN lease with two years remaining in the 15‑year initial term
  • Two five‑year extension options with 15% escalations

Property Analytics

Current Use

Fairfield County Bank ... Insurance Agency Kumo Market Grocery & Convenience Store Fairfield County Bank Bank ATM (Fairfield County ... Atm Rabbi Gerry L. ... Event Planning

Suggested Use

Top Pick Locksmith Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store Bakery Restaurant

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,474
Businesses Nearby
114k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Dollar Tree Shops & Services
24,549 visits/mo 0.1 miles
Taco Bell Dining
19,575 visits/mo 0.2 miles
Dunkin' Donuts Dining
13,527 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,324 visits/mo 0.4 miles
Dunkin' Donuts Dining
8,707 visits/mo 0.4 miles

Demographics for 06902, CT

69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
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?
Bank - Ground-floor condominium bank leased under an NNN structure with extension options.
Where is this bank located?
The property is located at 850 E Main St Stamford, CT.
What are key features of this property?
This property features: 4,000 sq ft ground‑floor condominium unit; NNN lease with two years remaining in the 15‑year initial term; Two five‑year extension options with 15% escalations
More about this property
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