Lakewood Road Retail
For Sale
Contact for pricing
742-780 Lakewood Road, Waterbury, CT 06704
Multi-building retail offering on adjacent lots along Lakewood Road with a current tenant mix that includes automotive and restaurant users.
Property SizeContact for details
Days on Market139
Property Features for 742-780 Lakewood Road
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Seth Richard · License #NY 10401275108
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 14 at 7:42AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
Lakewood Road Retail is a for-sale offering consisting of four separate buildings located on adjacent lots. The property is situated on five parcels and includes a tenant mix featuring service-oriented concepts, including Hertz car rental, The Brake Shop, K.O.’s Auto Detailing, and Wine N Liquors, along with Red Corner restaurant. The existing leases include built-in lease escalators and include a form of expense reimbursements.
The buildings are positioned on Lakewood Road on the northeast side of Waterbury. Public remarks note Lakewood Road carries more than 17,000 cars per day. The area is described as serving both the city’s workforce population and the nearby suburb of Wolcott.
A single vacancy is also included in the offering, which presents an opportunity to occupy additional space within the existing multi-building configuration.
The buildings are positioned on Lakewood Road on the northeast side of Waterbury. Public remarks note Lakewood Road carries more than 17,000 cars per day. The area is described as serving both the city’s workforce population and the nearby suburb of Wolcott.
A single vacancy is also included in the offering, which presents an opportunity to occupy additional space within the existing multi-building configuration.
Key Highlights
- Lakewood Road retail offering in Waterbury, CT with four separate buildings on adjacent lots
- Properties located on five parcels along Lakewood Road with 17,000+ cars per day
- Tenant mix includes Hertz car rental, Red Corner restaurant, The Brake Shop, K.O.'s Auto Detailing, and Wine N Liquors
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
227k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 25%
Groceries 20%
Apparel 17%
Stop & Shop
Groceries
45,091 visits/mo
0.4 miles
T.J. Maxx
Apparel
33,157 visits/mo
0.3 miles
McDonald's
Dining
26,857 visits/mo
0.5 miles
Wendy's
Dining
20,019 visits/mo
0.5 miles
Ocean State Job Lot
Shops & Services
11,947 visits/mo
0.1 miles
Demographics for 06704, CT
27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Multi-building retail offering on adjacent lots along Lakewood Road with a current tenant mix that includes automotive and restaurant users.
Where is this strip mall located?
The property is located at 742-780 Lakewood Road Waterbury, CT.
What are key features of this property?
This property features: Lakewood Road retail offering in Waterbury, CT with four separate buildings on adjacent lots; Properties located on five parcels along Lakewood Road with 17,000+ cars per day; Tenant mix includes Hertz car rental, Red Corner restaurant, The Brake Shop, K.O.'s Auto Detailing, and Wine N Liquors
