1225 Thomaston Avenue, Waterbury, CT 06704
Retail Investment Property for Sale at $765,000.00
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 2018 NOI is $65,052.69 with an 8.5% CAP rate.
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.
Also available for sale as part of a 2 Property Investment Portfolio.
|Space Available:||6,615 RSF|
|Total Building Size:||6,615 RSF|
|Real Estate Taxes:||$29,783.48 (2018)|
|Year Built:||1962, renovated in 2011|
|Projected 2018 NOI:||$65,052.69|
|Traffic Count::||8,000 Average Daily Traffic Volume|
|Three Mile Demographics|
|Median HH Income:||$42,178|
|Five Mile Demographics|
|Median HH Income:||$51,889|
omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.