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491 Lakewood Rd
Waterbury, CT 06704
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent Location
EXECUTIVE SUMMARY
The Koury Group at Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Waterbury
CT. The stand-alone 7,639 SF Town Fair Tire has 7 service bays and is ranked as the #4 performer in the 119 store chain.
CT. The stand-alone 7,639 SF Town Fair Tire has 7 service bays and is ranked as the #4 performer in the 119 store chain.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,639 SF
Building Class
C
Year Built
1950
Price
$4,412,000
Price Per SF
$577.56
Cap Rate
6%
NOI
$264,720
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.75 AC
Zoning
CA - Commercial
Parking
35 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | WATE-000151-000219-000008 | Improvements Assessment | $1,449,910 |
| Land Assessment | $445,270 | Total Assessment | $1,895,180 |
PROPERTY TAXES
Parcel Number
WATE-000151-000219-000008
Land Assessment
$445,270
Improvements Assessment
$1,449,910
Total Assessment
$1,895,180
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