Freestanding Bank Branch
For Sale
Contact for pricing
Pending
725 Wolcott St, Waterbury, CT 06705
Freestanding Webster Bank branch on a signalized corner with three ingress/egress points on an NNN lease.
Property Size8,500 SF
Days on Market122
Property Features for 725 Wolcott St
General Information
Standard status
Pending
Size
8,500 SF
Property subtype
Retail
Additional Details
Cap Rate
5.87%
Traffic Count
24,000 vehicles/day
Listing Agency:
Marcus & Millichap - Westchester
(914) 220-9730
Listed By:
Joseph French Jr. · License #NY 10301207036
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 1:27PM
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 - Westchester
Investment Insights
Based on property information with market context.
This freestanding bank branch is offered as part of a two-unit Webster Bank portfolio on an absolute triple-net (NNN) lease. The property is a freestanding building on a 0.46-acre lot and is currently leased to Webster Bank. The site is configured for convenience with three points of ingress and egress.
The branch sits on the signalized corner of Wolcott Street and Wesco Road in a strong retail corridor. Wolcott Street provides exposure to over 24,000 vehicles daily, and the area includes shopping centers anchored by national retailers to the north and other anchored centers immediately to the south. The property is approximately 2 miles from downtown Waterbury.
For investors, the offering is presented as an absolute NNN portfolio investment, with the subject location described as 3,500 square feet within the overall portfolio.
The branch sits on the signalized corner of Wolcott Street and Wesco Road in a strong retail corridor. Wolcott Street provides exposure to over 24,000 vehicles daily, and the area includes shopping centers anchored by national retailers to the north and other anchored centers immediately to the south. The property is approximately 2 miles from downtown Waterbury.
For investors, the offering is presented as an absolute NNN portfolio investment, with the subject location described as 3,500 square feet within the overall portfolio.
Key Highlights
- 3,500 SF freestanding Webster Bank branch on a 0.46‑acre lot
- NNN lease with Webster Bank; listed as part of a two‑unit Webster Bank portfolio
- Portfolio annual rent: $180,545; total portfolio size: 8,500 SF; price: $3,072,000
Property Analytics
Property Profile
Current Use
Lease Details
24,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
429k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 26%
Superstores 24%
Shops & Services 21%
Apparel 11%
Walmart
Superstores
103,054 visits/mo
0.4 miles
Stop & Shop
Groceries
45,091 visits/mo
0.3 miles
T.J. Maxx
Apparel
33,157 visits/mo
0.4 miles
McDonald's
Dining
26,857 visits/mo
0.2 miles
Dollar Tree
Shops & Services
22,298 visits/mo
0.3 miles
Demographics for 06705, CT
27,197
Population
12,222
Households
2.2
Avg Household Size
38
Median Age
18%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
4,857
Density / Sq Mi
$53,169
Median Household Income
$41,327
Median Earnings
$1,165
Median Rent
$177,700
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?
Bank - Freestanding Webster Bank branch on a signalized corner with three ingress/egress points on an NNN lease.
Where is this bank located?
The property is located at 725 Wolcott St Waterbury, CT.
What are key features of this property?
This property features: 3,500 SF freestanding Webster Bank branch on a 0.46‑acre lot; NNN lease with Webster Bank; listed as part of a two‑unit Webster Bank portfolio; Portfolio annual rent: $180,545; total portfolio size: 8,500 SF; price: $3,072,000
