Bulk ammunition online retailer buys Cheshire property for $1.1M
CoStar
30 Diana Court
The owners of a Cheshire-based online bulk ammunition business have paid $1.1 million for a new property in town, which they plan to expand and use for storage.
Miodrag and Dajana Delmic — spouses who own Cheshire-based Target Sports USA — purchased in December a 12,150-square-foot warehouse at 30 Diana Court.
The seller was Liz Holdings LLC.
The industrial warehouse, which was built in 2001, also contains office space. The entire property spans 2.87 acres and includes 30 parking spaces.
Target Sports USA specializes in selling bulk ammo online with free shipping. Its products also include target sports gear, firearms, body armor and other accessories.
Miodrag Delmic, a Rocky Hill resident, said his 50-employee company plans to break ground in April on an expansion of the recently purchased property that will double its footprint to about 26,000 square feet. The building will be used as cold storage space for some of the accessories it sells like clothing and paper targets.
“We like to keep accessories apart from the core business,” Delmic said. “It helps us be more organized.”
Target Sports’ primary Cheshire headquarters will remain at 30 Fieldstone Court. Delmic said his company is coming off a banner year in 2020 as U.S. firearm sales soared amid economic, political and social uncertainty.
About 8.5 million people across the U.S. purchased their first firearm last year, according to the National Shooting Sports Foundation.
However, 2021 could be a more challenging year, Delmic said, because there is a nationwide ammunition shortage that’s hindering his ability to find inventory.
The Delmics have been active buying new real estate. In November, they purchased for $2.2 million a Wethersfield office building at 936 Silas Deane Highway, which they plan to renovate and continue marketing as office space. Their company won’t be a tenant in the building.
Delmic said he’s considering additional office property acquisitions in Glastonbury.
Most Recent
Most Recent
0 Comments