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779 Wolcott St
Waterbury, CT 06705
New 10-Year NNN - Smoke Terminal · Retail Property For Sale
Investment Highlights
- 10-Year Brand New NNN Lease – 2023 Remodel – Rare New England Location on Major Retail Corridor
- Strong, Fixed Annual 2% Rental Escalations Throughout Primary Term and Option – Effective Inflation Hedge
- Incredible Demographics – 102,580 Population within 3-Mile Radius – Stable Cash Flow from Emerging Sector
- High Traffic Location – Wolcott St (23,900 Cars Per Day) and Adjacent to Interstate-84 (128,700 Cars Per Day)
- Waterbury, CT – Strategically Located – Steady Population Growth – Accessible to New York (77 miles), Hartford (33 miles), New Haven (23 miles)
- Fee Simple (Land & Building) – True Coupon Clipper Investment – Long-Term Lease – One 10-Year Option
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,980 SF
Building Class
C
Year Built/Renovated
1980/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.41 AC
Zoning
C
Property Taxes
| Parcel Number | WATE-000241-000563-000002 | Improvements Assessment | $336,700 |
| Land Assessment | $98,350 | Total Assessment | $435,050 |
Property Taxes
Parcel Number
WATE-000241-000563-000002
Land Assessment
$98,350
Improvements Assessment
$336,700
Total Assessment
$435,050
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