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9 Maritime Dr 13,000 SF Retail Building Mystic, CT 06355 $7,491,880 CAD ($576.30 CAD/SF) 6.21% Cap Rate
Investment Highlights
- West Marine is a nationally recognized marine retailer.
- A marine wholesaler/retailer in a waterfront market is a natural fit.
- Mystic is a high-traffic coastal destination.
Executive Summary
Outstanding national tenant with long term lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
B
Year Built
2014
Price
$7,491,880 CAD
Price Per SF
$576.30 CAD
Cap Rate
6.21%
NOI
$465,246 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
11.08 AC
Zoning
M-1 - Warehouse
Frontage
352’ on Maritime
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | STON-000150-000001-000028A | Improvements Assessment | $2,366,617 CAD |
| Land Assessment | $1,708,693 CAD | Total Assessment | $4,075,310 CAD |
Property Taxes
Parcel Number
STON-000150-000001-000028A
Land Assessment
$1,708,693 CAD
Improvements Assessment
$2,366,617 CAD
Total Assessment
$4,075,310 CAD
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9 Maritime Dr
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