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Corner Retail Unit with Drive-Through Potential
For Lease
$10 SF/Yr

1-1387 Watertown Ave, Waterbury, CT 06708

Flexible 2,000 SF corner unit in Waterbury with ample parking and pending drive‑thru approvals for qualifying operators.

Space SizeContact for details
Days on Market127

Property Features for 1-1387 Watertown Ave

General Information

Standard status Active

Additional Details

Highway Access Yes
Listing Agency: Fiorelli Realty, LLC
Listed By: Dean Giatas
Source: Exprealty
Added: Apr 16 Changed: Aug 20 Last Checked: Aug 19 at 12:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fiorelli Realty, LLC

Investment Insights

Based on property information with market context.

This offering presents a 2,000 SF retail space (Unit 1) designed with an open, flexible layout and a corner-style configuration. The space is positioned for prominent frontage, supporting maximum on-site visibility and signage for retail, food, or beverage concepts. A drive-through option is described as a potential use, though approvals are currently pending.

Located in a highly visible Waterbury setting just minutes from I-84, the property is presented as offering excellent accessibility and strong traffic flow. The site is situated among national retailers, restaurants, and established local businesses, and includes ample on-site parking with easy highway access.

For tenants and operators seeking a versatile storefront with a layout that can support multiple retail and food service formats, this unit offers a practical, customer-oriented configuration. The corner frontage and parking accessibility support walk-in and quick-stop demand, while the pending drive-through approval creates an additional pathway for qualified food and beverage operators looking to incorporate convenience into their model.

Key Highlights

  • 2,000 SF retail space (Unit 1) for lease in Waterbury with prominent frontage for signage
  • Corner‑style unit with an open, flexible layout suited for retail, food, or beverage concepts
  • Positioned minutes from I‑84 with easy highway access and strong traffic flow

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Travel Agency Catering Service Florist Clothing & Fashion Store Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,678
Businesses Nearby
126k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 38% Home Improvements & Furnishings 1%
McDonald's Dining
26,439 visits/mo 0.2 miles
Wendy's Dining
22,067 visits/mo 0.3 miles
Citgo Shops & Services
10,557 visits/mo 0.3 miles
Shell Shops & Services
10,549 visits/mo 0.2 miles
Dunkin' Donuts Dining
8,824 visits/mo 0.3 miles

Demographics for 06708, CT

30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
Median Home Value

Market

Lease Benchmarks for Waterbury, CT

$14.11 /SF/Yr
Avg Asking Price
$10–$18.4 /SF/Yr
Price Range
3,532 SF
Avg Space Size

This space is priced 29% below the average of $14.11 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible 2,000 SF corner unit in Waterbury with ample parking and pending drive‑thru approvals for qualifying operators.
Where is this retail space located?
The property is located at 1-1387 Watertown Ave Waterbury, CT.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 2,000 SF retail space (Unit 1) for lease in Waterbury with prominent frontage for signage; Corner‑style unit with an open, flexible layout suited for retail, food, or beverage concepts; Positioned minutes from I‑84 with easy highway access and strong traffic flow
More about this property
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