779 Wolcott St - Freestanding FOR SALE
Waterbury, CT 06705 |
779 Wolcott St
Waterbury, CT 06705
HIGHLIGHTS
- 10-Year Brand New NNN Lease – 2023 Remodel – Rare New England Location on Major Retail Corridor
- High Traffic Location – Wolcott St (23,900 Cars Per Day) and Adjacent to Interstate-84 (128,700 Cars Per Day)
- Strong, Fixed Annual 2% Rental Escalations Throughout Primary Term and Option – Effective Inflation Hedge
- Waterbury, CT – Strategically Located – Steady Population Growth – Accessible to New York (77 miles), Hartford (33 miles), New Haven (23 miles)
- Incredible Demographics – 102,580 Population within 3-Mile Radius – Stable Cash Flow from Emerging Sector
- Fee Simple (Land & Building) – True Coupon Clipper Investment – Long-Term Lease – One 10-Year Option
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
New 10-Year NNN - Smoke Terminal
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Day Care Center
TOTAL BUILDING SIZE
4980
STORIES
1
YEAR BUILT
1980
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
WATE-000241-000563-000002
