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9 Maritime Dr
Mystic, CT 06355
Retail Property For Sale
Investment Highlights
- No Connecticut stores are slated to close as a result of the bankruptcy filing
- Year-over-year visits to this store are up 18.2% according to Placer.ai
- Mystic is the number two store in sales volume in Connecticut
Executive Summary
West Marine's Mystic location is unaffected by the company's recent 59-store closure announcement, with no Connecticut stores impacted. The store ranks second in sales volume statewide and saw an 18.2% year-over-year increase in customer traffic, according to Placer.ai.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
B
Year Built
2014
Price
$7,809,450 CAD
Price Per SF
$600.73 CAD
Cap Rate
6.21%
NOI
$484,967 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
Property Taxes
| Parcel Number | STON-000150-000001-000028A | Improvements Assessment | $2,466,934 CAD |
| Land Assessment | $1,781,122 CAD | Total Assessment | $4,248,057 CAD |
Property Taxes
Parcel Number
STON-000150-000001-000028A
Land Assessment
$1,781,122 CAD
Improvements Assessment
$2,466,934 CAD
Total Assessment
$4,248,057 CAD
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