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Bokum Center 125 Westbrook Rd 42,719 SF 85% Leased Retail Building Essex, CT 06426 For Sale
INVESTMENT HIGHLIGHTS
- Bokum Center, a 42,719-SF shopping center on a 3.87-acre lot, is leased at 85%, presenting a value-add investment with in-place cash flow.
- Leased to e-commerce and recession-resistant tenants such as Walgreens, Dollar General Market, Subway, SNAP Fitness, Essex Wine & Spirits, and more.
- Conveniently located just 1.1 miles from Route 9 with easy access to Interstate 95, surrounded by medical, dining, and retail amenities.
- Opportunity to attract national tenants with a retail end cap featuring a loading dock with high ceilings and a 2,800-SF former bank with a drive-thru
- Renovated in 2025, the upgraded retail strip center offers ample parking, prime visibility, and standout signage at a busy, signalized intersection.
- Serving an affluent market with a $105K median income and $1.4 billion in annual spending, offering unmatched visibility and business potential.
EXECUTIVE SUMMARY
O,R&L Commercial is pleased to offer Bokum Center, a prime value-add shopping center investment opportunity at 125 Westbrook Road in Essex, Connecticut. This 42,719-square-foot supermarket-anchored retail center is established by long-term national retailers, including Walgreens, Subway, Essex Wine & Spirits, and SNAP Fitness. Additionally, e-commerce and recession-resistant tenants, including Euro Cleaners, Hong Kong Kitchen, the new Dollar General Market, and the Physical Therapy & Sports Medicine Center, drive consistent customer traffic, foster strong business synergy, and ensure cash flow and operational stability.
Currently 85% leased, Bokum Center presents significant upside potential for investors seeking to add value through lease-up, by attracting additional national or regional tenants. Extensively renovated in 2024 and 2025, Bokum Center features 151 parking spaces on a 3.87-acre site and dual monument signage at a busy, signalized intersection. The retail strip includes two available spaces, a 3,323-square-foot retail end cap with a loading dock, new HVAC, 17-foot ceiling heights, and upgraded electrical service, delivered in vanilla box condition, as well as a 2,800-square-foot freestanding former Bank of America building with drive-thru capabilities. Both spaces offer exceptional flexibility for retail, medical, office, or showroom uses, further enhancing the property’s income potential.
Strategically situated, just 1.1 miles from Route 9 and easily accessible via a main thoroughfare connecting to Interstate 95. Bokum Center benefits from its location at a signalized intersection with unrivaled exposure to over 15,000 vehicles per day. Nearby amenities include Middlesex Health, Connecticut Orthopaedics, Scotch Plains Tavern, and a wide variety of shopping and dining options, supporting a dynamic mix of daytime employment and residential activity.
Serving a growing and affluent demographic with a median household income of $105,000 and annual consumer spending of $1.4 billion within a 10-mile radius, offering unmatched visibility, accessibility, and leasing flexibility. Bokum Center presents a rare opportunity to acquire a well-positioned, cash-flowing asset with value-add upside in a high-income, high-traffic Essex location.
Currently 85% leased, Bokum Center presents significant upside potential for investors seeking to add value through lease-up, by attracting additional national or regional tenants. Extensively renovated in 2024 and 2025, Bokum Center features 151 parking spaces on a 3.87-acre site and dual monument signage at a busy, signalized intersection. The retail strip includes two available spaces, a 3,323-square-foot retail end cap with a loading dock, new HVAC, 17-foot ceiling heights, and upgraded electrical service, delivered in vanilla box condition, as well as a 2,800-square-foot freestanding former Bank of America building with drive-thru capabilities. Both spaces offer exceptional flexibility for retail, medical, office, or showroom uses, further enhancing the property’s income potential.
Strategically situated, just 1.1 miles from Route 9 and easily accessible via a main thoroughfare connecting to Interstate 95. Bokum Center benefits from its location at a signalized intersection with unrivaled exposure to over 15,000 vehicles per day. Nearby amenities include Middlesex Health, Connecticut Orthopaedics, Scotch Plains Tavern, and a wide variety of shopping and dining options, supporting a dynamic mix of daytime employment and residential activity.
Serving a growing and affluent demographic with a median household income of $105,000 and annual consumer spending of $1.4 billion within a 10-mile radius, offering unmatched visibility, accessibility, and leasing flexibility. Bokum Center presents a rare opportunity to acquire a well-positioned, cash-flowing asset with value-add upside in a high-income, high-traffic Essex location.
SALE FLYER
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
42,719 SF
Building Class
B
Year Built/Renovated
1980/2025
NOI
$556,561 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
3.87 AC
Zoning
CML
Parking
151 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
445’ on Westbrook
AMENITIES
- Pylon Sign
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
3,323 square feet of retail end cap space for lease in Bokum Center. Located in a 42,719-square-foot shopping center with national retailers. This is an opportunity to operate the only supermarket in town. Call the listing broker for pricing.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,323 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 3,323 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 3,323 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
3,323 square feet of retail end cap space for lease in Bokum Center. Located in a 42,719-square-foot shopping center with national retailers. This is an opportunity to operate the only supermarket in town. Call the listing broker for pricing.
ABOUT SOUTHWEST MIDDLESEX AND OLD SAYBROOK
Southwest Middlesex and Old Saybrook form a retail corridor along Connecticut’s scenic shoreline, offering exceptional visibility and access for both residents and seasonal visitors. The area is defined by its proximity to major highways and coastal routes, connecting vibrant town centers such as Clinton, Essex, and Old Saybrook with surrounding communities. Retailers benefit from prominent frontage and convenient access, drawing steady consumer traffic throughout the year.
Anchored by a mix of national brands, local boutiques, and grocery-anchored centers, the region supports a diverse tenant base. Retail spaces in this area are complemented by walkable downtowns and waterfront attractions, highlighting the region’s blend of coastal charm and seasonal events.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
1,784
11,363
30,806
55,476
2029 Population
1,767
11,343
31,113
56,328
2024-2029 Projected Population Growth
-1.0%
-0.2%
1.0%
1.5%
Median Age
58.4
53.9
53.9
53.3
College Degree + Higher
43%
52%
47%
26%
Daytime Employees
2,979
7,214
22,605
34,305
Total Businesses
386
978
3,055
4,601
Average Household Income
$123,130
$140,589
$126,071
$130,320
Median Household Income
$82,276
$103,863
$95,386
$103,422
Total Consumer Spending
$28.5M
$196.9M
$515M
$937.6M
2024 Households
812
4,840
13,623
24,408
Average Home Value
$491,842
$501,543
$479,978
$457,796
$ values in USD
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Hong Kong Chinese Take Out Restaurant | Chinese | $ | In Building |
| Essex Chocolatier & Coffee Bar | Cafe | - | 1 min walk |
| Porky Pete's BBQ | Barbecue | $ | 7 min walk |
RETAIL |
||
|---|---|---|
| Walgreens | Drug Store | In Building |
| Snap Fitness 24/7 | Fitness | In Building |
| Winsupply | Other Retail | 3 min walk |
| Webster Bank | Bank | 4 min walk |
| KinderCare | Daycare | 6 min walk |
HOTELS |
|
|---|---|
| Super 8 |
44 rooms
10 min drive
|
| Econo Lodge |
43 rooms
11 min drive
|
PROPERTY TAXES
| Parcel Number | ESSE-000067-000002-000001 | Improvements Assessment | $1,342,109 CAD |
| Land Assessment | $1,098,600 CAD | Total Assessment | $2,440,708 CAD |
PROPERTY TAXES
Parcel Number
ESSE-000067-000002-000001
Land Assessment
$1,098,600 CAD
Improvements Assessment
$1,342,109 CAD
Total Assessment
$2,440,708 CAD
SALE ADVISORS
SALE ADVISORS
Frank Hird, Vice President
Mr. Hird is a licensed real estate broker with more than 28 years of experience selling and leasing commercial real estate locally, nationally and internationally. His experience includes representing major industrial and office property owners, investors, tenant/buyer representation for corporations and not for profit organizations, new construction development, build to suit medical requirements and turn-key lab space development for Bio-Science companies. Mr. Hird is the immediate past President of the CT/Western MA Chapter of the Society of Industrial and Office Realtors (SIOR).
* CORE Network - Worldwide Real Estate Services
* CORE Network - Worldwide Real Estate Services
Richard Lee, Managing Director
Mr. Lee co-founded this full-service Real Estate Company comprised of brokerage, property management and construction divisions. He successfully marketed the company to be a leader in the real estate and construction industry in Connecticut. The brokerage division has been recognized nationally in Barron’s and in the New York Times for its successful marketing of millions of dollars of distressed and foreclosed real estate.
For the past twenty-five years, O,R&L Commercial has been leasing and selling commercial real estate in the state of Connecticut. Approximately 4,000,000 square feet of it has been in the markets of New Haven, Fairfield, New London and Hartford counties. His clients include a range of corporation’s both locally and nationally, private individuals, investors, developers, and partnerships.
For the past twenty-five years, O,R&L Commercial has been leasing and selling commercial real estate in the state of Connecticut. Approximately 4,000,000 square feet of it has been in the markets of New Haven, Fairfield, New London and Hartford counties. His clients include a range of corporation’s both locally and nationally, private individuals, investors, developers, and partnerships.
Jay Morris, Managing Partner
Jay L. Morris is the Managing Director of O,R&L’s Hartford County Commercial Real Estate office, located at 2340 Silas Deane Highway in Rocky Hill, which serves Central and Northern Connecticut and Western Massachusetts. His expertise includes marketing Commercial and Industrial buildings, negotiating leases and sales contracts, investment sales, feasibility studies, opinions of value and tenant representation.
Mr. Morris has been a commercial real estate broker in the greater Hartford market since 1982, where he is consistently honored as a “Top Producer” in the market. During his 34 year career, Jay has consummated more than $2 Billion in sales and lease transactions throughout Connecticut.
Mr. Morris has been a commercial real estate broker in the greater Hartford market since 1982, where he is consistently honored as a “Top Producer” in the market. During his 34 year career, Jay has consummated more than $2 Billion in sales and lease transactions throughout Connecticut.
1 of 30
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Bokum Center | 125 Westbrook Rd
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