WESTPORT, CT
58 Main Street
SINGLE TENANT INVESTMENT OPPORUTNITY
INV
ES
TM
EN
T P
RO
PE
RT
Y
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
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
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
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
SINGLE TENANT INVESTMENT OPPORUTNITY
Local Retailer Aerial
Lo
ft
Lo
u &
Gr
ey
58
Sh
oe-
Inn
Po
tte
ry
Ba
rn
Design within
Reach
Bank of America
Paper Source
Jesup Rothbard
Patagonia
Urban Outfitters
Savannah Bee
Aux Delices
Joie
Green & Tonic
Tiffany & Co.
Anthropologie
Amis
We
st
Elm
L’O
ccit
an
e
Lu
cky
Br
an
d
Su
nd
an
ce
7 fo
r A
ll M
an
-
Th
eo
ry
Vin
ce
Th
e S
ha
de
S
tor
e
Lu
lule
mo
n
Ga
p
J. C
re
w
Ma
de
we
ll
Ry
e D
eli
Ta
lbo
ts
Eil
een
ish
er
S
imo
n P
ea
rce
P
ap
yr
us
C
ha
se
Br
an
dy
Me
lvil
le
Lu
x B
on
d &
Gr
ee
n
FL
ee
ce
Br
oo
ks
Br
oth
er
s
Vin
ey
ar
d V
ine
s
Gr
ea
t S
tuff
S
ho
es
N M
or
e S
un
gla
ss
s H
ut
Blu
em
er
cur
y
Be
nef
it
Nic+Zoe William Sonoma Barbour
Spotted Horse
Serena & Lily
South Moon Under Soleil Toile
Fred Sip and Shop
Sta
rb
uck
s
Lo
u &
Gr
ey
L
oft
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
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
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
SINGLE TENANT INVESTMENT OPPORUTNITY
Floor Plan
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
SINGLE TENANT INVESTMENT OPPORUTNITY
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
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
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
SINGLE TENANT INVESTMENT OPPORUTNITY
Demographics
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
SINGLE TENANT INVESTMENT OPPORUTNITY
Demographics
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
INV
ES
TM
EN
T P
RO
PE
RT
Y
SINGLE TENANT INVESTMENT OPPORUTNITY
Demographics