Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    125 Westbrook Rd Essex, CT 06426

    For Lease
    Contact for pricing

    Prime Essex, CT retail space available

    Lot size:
    42,719 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail investment opportunity in Essex, CT, presents two distinct spaces within the Bokum Center: a 6,217 square foot end-cap retail space and a separate 2,800 square foot freestanding building, formerly a bank, complete with a drive-thru. The Bokum Center, a 42,719 square foot shopping center situated at 125 Westbrook Road, benefits from a high-traffic location at a signalized intersection, offering excellent visibility and proximity to Route 9 (approximately 1.1 miles). The property features two buildings, each single-story, totaling nine suites. Currently, 18,564 square feet are vacant, offering significant potential for expansion or redevelopment. The property boasts 147 parking spaces and is served by 400-amp, 3-phase power. Strong, long-term tenants include Walgreens, Subway, Essex Wine & Spirits, SNAP Fitness, Euro Cleaners, Hong Kong Kitchen, and a new DG Market. The minimum divisible space is 2,800 square feet, with a maximum contiguous space of 3,323 square feet. The property sits on 3.87 acres of land and was built in 1979. The zoning is classified as "C". This presents a unique chance to establish a supermarket presence in the town or secure a standalone retail/office building. The property's location and existing tenant mix provide a strong foundation for success. The total building comprises 42,719 square feet. Taxes are $46,590.52 per square foot.

    Property Features for 125 Westbrook Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,719 SF

    Building Details

    Year Built
    1979
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Former Bank Building with Drive-thru
    Size
    2,800 SF
    Space
    3,323 SF Retail End Cap
    Size
    6,217 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Hong Kong Chinese ... Chinese Restaurant DG Market Grocery Store Walgreens Drug Store higi Health Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.414197422863
    Latitude
    41.339875134058

    Nearby Similar for Lease

    • $14 SF/Yr
      15,316 SF

      Essex Commercial Space For Lease

      Highly visible Essex commercial space suitable for multiple uses.
      192 Westbrook Rd, Essex, CT 06426
      View Details
    • $7 SF/Yr
      21,000 SF

      Essex Commercial Space For Lease

      Industrial, warehouse, and office space with ample parking available.
      11 Bokum Rd, Essex, CT 06426
      View Details
    • $1,900 /Mo
      1,300 SF

      Essex Village Commercial Space Available

      First floor office suite in Essex, CT for lease.
      12 Main St, Essex, CT 06442
      View Details
    • $3,500 /Mo
      2,035 SF

      Commercial Space in Antique Building

      ADA-compliant commercial space with parking, utilities included, and high visibility.
      78 Main St, Essex, CT 06409
      View Details
    • $950 /Mo
      700 SF

      Essex Office Space For Lease

      700 SF office suite available in Essex Village.
      12 Main St, Essex, CT 06442
      View Details
    • $1,600 /Mo
      1,000 SF

      Downtown Ivoryton Office Space Available

      Office space for lease in downtown Ivoryton with great visibility.
      108 Main St, Essex, CT 06442
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Essex, CT retail space available
    Where is this retail property located?
    The property is located at 125 Westbrook Rd Essex, CT.
    Request Owner's contact information
    125 Westbrook Rd Essex, CT 06426
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    125 Westbrook Rd
    Essex, CT 06426
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 Westbrook Rd Essex, CT 06426
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.