147 Quinn St 5,308 SF 72% Leased Retail Building Naugatuck, CT 06770 $995,000 ($187.45/SF) 8.17% Cap Rate

147 Quinn Street is a fully occupied neighborhood retail center located within a densely populated residential section of Naugatuck. The property consists of approximately 5,308 square feet of commercial space configured into 8 tenant suites occupied by 7
diverse mix of local businesses including food service, beauty, retail, pet services, and professional office users.
The property generates stable in-place income with opportunities for future NOI growth through lease renewals, rental rate adjustments, and potential expense pass-throughs. Additional lower-level space includes an existing income-producing unit and storage areas that may provide future expansion opportunities, subject to municipal approvals.
The center benefits from strong neighborhood visibility, 25 on-site parking spaces, public utilities, natural gas service, and convenient access to Route 8. This offering presents an attractive opportunity for investors seeking stable cash flow with value add potential in an established community retail setting.