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WESTPORT, CT 58 Main Street SINGLE TENANT INVESTMENT OPPORUTNITY INVESTMENT PROPERTY Saugatuck Commercial has been exclusively retained to offer for sale 58 Main Street, Westport, Connecticut 2,283 +/- square foot retail building with 30’ direct frontage on Main Street. Property Highlights Superior Location: 58 Main Street is located in the heart of Westports downtown shopping area with top national retail tenants and restaurants nestled along the Saugatuck River. The property is a single tenant building leased to Peloton, a high-end in-home stationary bike, treadmill and accessory retailer. The build- ing has been completely renovated with a new roof, new HVAC and new electrical service. This 2,283 square foot building is an ideal mid-block location with 30’ of frontage and spectacularly renovated by Peloton with high ceilings and skylight. Retailers on Main Street include Tiffanys, Anthropologie, Athleta, recently expanded Lululemon, Vineyard Vines, Pottery Barn, Gap, Williams-Sonoma, Blue Mercury, Madewell, and West Elm. The street continues to attract new tenants including Splendid, Sundance, Johnny Was, and 7 for All Mankind. The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice. Exclusive Brokers: Rich DiDonato 203.222.4189 rdidonato@saugatuckcommercial.com Penny Wickey 203.222.4194 pwickey@saugatuckcommercial.com
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Page 1: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

58 Main Street

SINGLE TENANT INVESTMENT OPPORUTNITY

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Saugatuck Commercial has been exclusively retained to offer for sale 58 Main Street, Westport, Connecticut

2,283 +/- square foot retail building with 30’ direct frontage on Main Street.

Property Highlights

Superior Location: 58 Main Street is located in the heart of Westport’s downtown shopping area with top national retail tenants and restaurants nestled along the Saugatuck River. The property is a single tenant building leased to Peloton, a high-end in-home stationary bike, treadmill and accessory retailer. The build-ing has been completely renovated with a new roof, new HVAC and new electrical service. This 2,283 square foot building is an ideal mid-block location with 30’ of frontage and spectacularly renovated by Peloton with high ceilings and skylight. Retailers on Main Street include Tiffany’s, Anthropologie, Athleta, recently expanded Lululemon, Vineyard Vines, Pottery Barn, Gap, Williams-Sonoma, Blue Mercury, Madewell, and West Elm. The street continues to attract new tenants including Splendid, Sundance, Johnny Was, and 7 for All Mankind.

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

Exclusive Brokers:

Rich DiDonato 203.222.4189 [email protected]

Penny Wickey 203.222.4194

[email protected]

Page 2: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58 Main Street

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Peloton Williams-Sonoma Anthropologie Theory Eileen Fisher Vineyard Vines Intermix Talbots Starbucks Urban Outfitters Tiffany L’ Occitane Shade Store Nic+Zoe Splendid

SINGLE TENANT INVESTMENT OPPORUTNITY

Bluemercury Pottery Barn Lucky Brand Gap Lux Bond and Green Athleta Madewell West Elm J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind

Area Retailers

Page 3: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58 Main Street

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SINGLE TENANT INVESTMENT OPPORUTNITY

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Tiffany & Co.

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Page 4: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58 Main Street

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SINGLE TENANT INVESTMENT OPPORUTNITY

Building Summary

Single story retail building totaling 2,283 SF

Utilities: All public available

Zoning: Business Center District (BCD)

Building Size: 2,283± SF on one floor

Frontage: 30 feet direct on Main Street

Age: 1900±; newly renovated 2018

Land Area: .05± Acre

Parking: Abundant free municipal and street parking

Electric: New service brought in

Tax Assessment: $3,063,1000

Real Estate Taxes: $51,644

• Mid-block location with maximum walk by traffic

• High ceiling with fabulous large skylight

• Building totally renovated in 2018 with new roof, HVAC, electrical, floor, interior walls and ceilings

• FEMA compliant

Location: 7 Minutes to Train Station 6 Minutes to I-95 Exit 17 52 Miles to NYC 28 Miles to White Plains

Page 5: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58 Main Street

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SINGLE TENANT INVESTMENT OPPORUTNITY

Floor Plan

Page 6: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58 Main Street

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The Town of Westport

Westport is located in south, central Fairfield County and is approximately 45 miles from New York City. Fairfield County, as a region, has been influenced by its proximity to New York, and has developed its own retail and corporate identity over the past 30 years. Westport has excellent transportation accessibility. Both I-95 and the Merritt Parkway are major north/south arteries. Also, the Metro North railroad allows convenient commutation to and from New York from two Westport Train Stations. Westport is one of the more affluent towns in a region of high income communities. This high level of disposable income fuels retail sales in Westport which is well known as a retail Mecca throughout Connecticut and the New York City metropolitan area.

Westport has a very strong Chamber of Commerce and Downtown Merchants Association promot-ing the business environment and acting as an advocate to keep the vitality and attraction of the town which has developed over the years.

Exclusive Brokers:

Rich DiDonato 203.222.4189 [email protected]

Penny Wickey 203.222.4194

[email protected]

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 5,820 45,573 125,280

Average HHI $301,648 $251,502 $190,319

Daytime Population 13,590 44,882 119,745

Total Retail Expenditure $180.14 M $1.2 B $2.67 B

Page 7: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58

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Demographics

Page 8: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58 Main Street

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SINGLE TENANT INVESTMENT OPPORUTNITY

Demographics

Page 9: WESTPORT, CT 58 Main Street...J. Crew Lululemon Brooks Brothers Patagonia Sundance Johnny Was 7 for All Mankind Area Retailers . WESTPORT, CT The foregoing information was furnished

WESTPORT, CT

The foregoing information was furnished to us by sources which we deem reliable, but no warranty or representative is made as to the accuracy thereof. Subject to correction of errors, omissions, change of price, prior sale or withdrawal from market without notice.

58 Main Street

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SINGLE TENANT INVESTMENT OPPORUTNITY

Demographics


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