Property types
Strip and Shopping Center appraisals in Connecticut
Appraisals of strip centers, neighborhood and grocery-anchored shopping centers, and multi-tenant retail plazas.
What drives strip and shopping center value
Tenant mix and anchors
Grocery and other anchors drive traffic, and the mix of local and national tenants affects risk.
Rent roll and rollover
Lease terms, renewal options and how many leases expire in the next few years.
Expense recovery
How much of taxes, insurance and common area costs tenants reimburse.
Visibility and access
Traffic counts, signage, curb cuts and parking.
Where we do this work
The towns where we have appraised the most strip and shopping center property:
Share of our work in each county that is strip and shopping center property
What to send us
- Current rent roll and leases
- Two to three years of operating statements
- CAM reconciliation
- Site plan
Strip and Shopping Center appraisals: common questions
Do you appraise shopping centers with vacancies?
Yes, including as-is and as-stabilized values for centers in lease-up.
Do you appraise outparcels and pad sites?
Yes, leased or vacant.
Who does the appraisal?
A partner of Baldi Valuation inspects every property and signs every report. The firm is led by Michael Baldi, MAI, AI-GRS.
Need a commercial appraisal?
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.