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 single tenant, PPG Paints (formerly Painter’s Supply) with corporate guarantee from Fortune 500 company. The projected 2018 NOI is $65,052.69 with a 9% 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:||$24,753.18 (2017)|
|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:||$42,436|
|Five Mile Demographics|
|Median HH Income:||$50,206|
omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.