475-338-3767
125 Westbrook Rd, Essex, CT for Sale
Storefront - FOR SALE
1/28
null | Request Cap Rate

125 Westbrook Rd
Essex, CT 06426


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.
  • 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
  • Leased to e-commerce and recession-resistant tenants such as Walgreens, Dollar General Market, Subway, SNAP Fitness, Essex Wine & Spirits, and more.
  • Renovated in 2025, the upgraded retail strip center offers ample parking, prime visibility, and standout signage at a busy, signalized intersection.
  • Conveniently located just 1.1 miles from Route 9 with easy access to Interstate 95, surrounded by medical, dining, and retail amenities.
  • Serving an affluent market with a $105K median income and $1.4 billion in annual spending, offering unmatched visibility and business potential.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bokum Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

151

LAND DETAILS

LAND ACRES

3.87 AC

LAND SF

168,577 SF

ZONING

CML

APN/PARCEL ID

ESSE-000067-000002-000001

ASK ABOUT THIS PROPERTY

Frank HirdO, R & L CommercialMore Info
475-338-3767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Frank HirdO, R & L CommercialMore Info
475-338-3767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.