1225 Thomaston Avenue, Waterbury, CT 06704
Retail Investment Property for Sale at $850,000.00
INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT: 6,615 RSF one-story building on 0.67 acres for sale with ample parking. Renovated in 2011. Fully leased to a single tenant, PPG Paints (formerly Painter’s Supply) with a corporate guarantee from a Fortune 500 company. The projected 2021 NOI is $68,690.
Near top national retailers including Target, CVS, McDonald’s, Sears, Subway, Dollar General, Starbucks, Radio Shack, AutoZone, Family Dollar, Kmart, Staples, 7 Eleven and TJ Maxx. Located less than 1 mile from Route 8, Exit 36.
|Total Building Size:||6,615 RSF|
|Real Estate Taxes:||$29,783.48 (2020)|
|Zoning:||General Industrial District (IG)|
|Year Built:||1962, renovated in 2011|
|Projected 2021 NOI:||$68,690|
|Traffic Count:||7,921 Average Daily Traffic Volume|
|Three Mile Demographics|
|Median HH Income:||$41,797|
|Five Mile Demographics|
|Median HH Income:||$51,365|
omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.