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One Greenwich Office Park

Off-Market

1 Greenwich Office Park, Greenwich, CT 06831

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  • Property Type Office - General Office
  • Property Size 40,826 SF
  • Lot Size 18.06 Acre
  • Parking Spaces Avail. 122
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Silver
  • Building Class B
  • Year Built 1970

Location

  • City Greenwich, CT
  • Neighborhood Pemberwick
  • Zip Code 06831
  • Market Bridgeport New Haven

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 07 Nov, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Greenwich

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Greenwich Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $51.60
  • 2020 Office Vacancy Rate 18.26%
  • 2020 Office Completions (SF)
View more Greenwich market trends

Tax

  • Property Tax in 2021 $6,818,259
  • Market Value* $809,000,500
  • Assessed Value $809,000,500

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of One Greenwich Office Park?

One Greenwich Office Park totals 40,826 square feet.

When was this property built?

One Greenwich Office Park was built in 1970.

When was One Greenwich Office Park last sold?

One Greenwich Office Park was last sold on 07 Nov, 2016.

What is the property tax for One Greenwich Office Park?

The property tax for One Greenwich Office Park in 2021 was $6,818,259.

What is the market value for One Greenwich Office Park?

The market value* for One Greenwich Office Park in 2021 was $809,000,500.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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