$6,325,000 USD
248-702-0288
649 W Main St
Waterbury, CT 06702
Downtown Waterbury
HIGHLIGHTS
- Long-Term Anchored Center - Many Tenants have been in place since the property's inception, demonstration strong historical occupancy and stability
- National Credit Tenancy - Anchored by Walgreens, Advance Auto Parts, KFC and Monro Muffler - all recognized national brands
- Embedded NOI Growth - Upside available through lease-up of vacant space and contractual rent increases
- Two Fee-Simple Outparcels - Free-standing KFC with drive-thru and Monro Muffler included in the sale
- Strategic Location - Situated between two major hospital systems and at the intersection of W. Main St & Thomaston Ave (40,400+ VPD)
- Strong Demographics - Dense residential infill location with household income exceeding $76,000 within 5 miles
FOR SALE DETAILS
PRICE
$6,325,000 USD
PRICE/SF
$172 USD /SF
CAP RATE
8.9%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Century Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
225
LAND DETAILS
LAND ACRES
4.16 AC
LAND SF
181,210 SF
ZONING
IG
APN/PARCEL ID
WATE-000272-000022-000023
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248-702-0288
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248-702-0288
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