Norwich, New London County
Retail and Shopping Center appraisal in Norwich, CT
MAI-led appraisals of retail property in Norwich for lenders, estates, owners, investors and attorneys.
Retail and Shopping Center property in Norwich
Norwich retail work includes West Main Street (Route 82) plazas, Norwichtown, and downtown storefronts.
- 6%of our Norwich work is retail property
- #1New London County town for our retail work
- Partnerinspects every property and signs every report
How we value retail property
Tenant mix and leases
Anchor tenants, lease terms, renewal options and expense reimbursements.
Visibility and traffic
Frontage, signage, curb cuts and traffic counts.
Net-lease credit
For single-tenant net-leased stores, tenant credit and remaining term drive the cap rate.
Local retail demand
Vacancy and rents in the immediate trade area.
What to send us
- Rent roll and leases
- Common-area maintenance (CAM) reconciliations
- Operating statements
- Site plan
Learn more about retail and shopping center appraisals or our work across Norwich.
Retail and Shopping Center appraisals in Norwich: common questions
Do you appraise retail property in Norwich?
Yes. Norwich is one of the towns where we do the most retail work in New London County, and we inspect every property in person.
Can you do an estate or date-of-death appraisal of a retail property in Norwich?
Yes. We prepare retrospective appraisals of retail property in Norwich for executors, estate attorneys and families.
Do you appraise single-tenant net-leased stores?
Yes. Dollar stores, pharmacies, auto parts stores and bank branches are frequent assignments.
Can you appraise a plaza with vacancies?
Yes. We estimate market rent and lease-up for vacant space and reflect it in the value.
Need a commercial appraisal in Norwich?
Tell us about the property and what the appraisal is for. We will respond with a fee and a delivery date, usually within one business day.