725 Wolcott St
Waterbury, CT 06705
Retail Property For Sale

Marcus and Millichap is pleased to offer 725 Wolcott Street, Waterbury CT. The subject property is a 3,575 square foot free standing building on a .46 acre lot, and is currently on a NNN lease with Webster Bank. The site sits on the signalized corner of Wolcott Street and Wesco Road and contains three points of ingress/egress. This Webster Bank branch had over $49 Million in deposits as of June 30, 2017. Webster bank is the second largest bank in Connecticut and 65th largest in the nation. Webster operates over 160 locations throughout Connecticut, Massachusetts, Rhode Island, and Westchester County, NY. The subject property benefits from a very strong retail corridor along Wolcott Street, which provides exposure to over 24,000 vehicles daily. Shopping centers anchored by national brands such as Walmart, ShopRite, and Stop & Shop are just seconds North of the property. Family Dollar and Big Lots anchored centers are immediately South. The subject property is also just 2 miles from downtown Waterbury, which hosts Webster's corporate headquarters, the UCONN downtown campus and the historic Palace Theater. Waterbury, CT is strategically located at the junction of Interstate 84 and Route 8. The town is just two hours from Boston, 90 minutes from New York City and a 30-minute commute to Hartford, Bridgeport, New Haven and Danbury.