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500 Summer Street

Off-Market

500 Summer Street, Stamford, CT 06901

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  • Property Type Office - General Office
  • Property Size 30,593 SF
  • Lot Size 0.36 Acre
  • Parking Spaces Avail. 40
  • Parking Ratio 1.32/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1960

Location

  • Walk Score ® Walker's Paradise (92)
  • Transit Score ® Excellent Transit (72)
  • Bike Score ® Very Bikeable (76)
Powered by Walk Score ®
  • City Stamford, CT
  • Neighborhood Downtown Stamford
  • Zip Code 06901
  • Market Bridgeport New Haven

Points of Interest

Stamford

0.69 miles

Glenbrook

1.47 miles

Old Greenwich

2.15 miles

Noroton Heights

2.45 miles

Noroton Heights

2.45 miles

Springdale

2.53 miles

Riverside

2.98 miles

Cos Cob

3.62 miles

Darien

3.87 miles

Talmadge Hill

4.68 miles

Mobil

0.95 miles

BP

1.22 miles

Shell

1.33 miles

BP

1.36 miles

Gulf

1.36 miles

Mobil

2.00 miles

Tesla Supercharger

2.00 miles

Tesla Supercharger

2.11 miles

Citgo

2.69 miles

Mobil

2.72 miles

Burlington Parking

0.07 miles

Bell Street Garage

0.31 miles

Dunkin Dounuts Parking

0.71 miles

Elm Street Market Parking

0.73 miles

Donut Delight Parking

0.82 miles

ShopRite Parking Lot

1.07 miles

Church Parking Lot

1.46 miles

Mianus River State Park

2.67 miles

Parking Lot of Eastern Middle School

2.71 miles

Baker park parking lot

2.74 miles

Residence Inn

0.14 miles

The Lloyd Hotel

0.31 miles

Stamford Sheridan Hotel

0.47 miles

Marriott

0.51 miles

Amsterdam Hotel

0.59 miles

Super 8

1.23 miles

Hyatt Regency Greenwich

1.54 miles

DoubleTree by Hilton Hotel Norwalk

5.16 miles

Homestead Inn – Thomas Henkelmann

5.70 miles

The Guest House at Norwalk Inn

8.08 miles

Cantina Mexicana

0.02 miles

Kotobuki

0.04 miles

Hudson Social

0.11 miles

Brother Jimmy's BBQ

0.11 miles

Roasted

0.11 miles

Fuji

0.11 miles

Chez Vous Bistro

0.11 miles

Barcelona Wine Bar Stamford

0.13 miles

Bedford Thai

0.13 miles

bartaco

0.13 miles

University of Connecticut Stamford Campus

0.09 miles

Franklin School

0.22 miles

UCONN Stamford Dorms

0.33 miles

Hart Magnet Elementary School

0.34 miles

Saint Johns School

0.39 miles

Cloonan Middle School

0.40 miles

Sacred Heart School

0.43 miles

J.M. Wright Technical High School

0.46 miles

Sacred Heart Academy

0.65 miles

Stamford High School

0.68 miles

Children's Learning Centers of Fairfield County

1.18 miles

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 18 Aug, 2006
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Stamford

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 Stamford Office Market

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

  • 2020 Avg. Asking Rent $43.96
  • 2020 Office Vacancy Rate 25.44%
  • 2020 Office Completions (SF)

Stamford Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $166.62
  • Y-o-Y Avg. PpSF Change -29.44%
  • 2020 Office Sales Volume $151.3M
  • 2020 Number of Transactions 3
View more Stamford market trends

Tax

  • Property Tax in 2022 $70,677
  • Market Value* $3,524,171
  • Assessed Value $3,524,171

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 500 Summer Street?

500 Summer Street totals 30,593 square feet.

When was this property built?

500 Summer Street was built in 1960.

When was 500 Summer Street last sold?

500 Summer Street was last sold on 18 Aug, 2006.

What is the property tax for 500 Summer Street?

The property tax for 500 Summer Street in 2022 was $70,677.

What is the market value for 500 Summer Street?

The market value* for 500 Summer Street in 2022 was $3,524,171.
*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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