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Waterbury Retail Space For Lease
For Lease
$10 SF/Yr

1387 watertown Ave 1, Waterbury, CT 06708

Highly visible 2,000 SF retail space in Waterbury.

Space SizeContact for details
Property Size2,000 SF
Days on Market119

Property Features for 1387 watertown Ave 1

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial

Building Details

Building Size 2,000 SF
Year Built 2020
Listing Agency: Fiorelli Realty, LLC
Listed By: Dean Giatas
Source: Elliman
Added: Apr 16 Changed: Aug 8 Last Checked: Jul 30 at 3:11AM

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.

A 2,000 SF retail space (Unit 1) is available for lease in a highly visible Waterbury location. The property is located minutes from I-84, offering excellent accessibility and strong traffic flow. This larger corner-style unit features an open, flexible layout suitable for retail, food, or beverage concepts. The unit has prominent frontage allowing for maximum signage and brand exposure. The property is positioned among national retailers, restaurants, and established local businesses, benefiting from consistent daily traffic and strong customer draw. Ample on-site parking and easy highway access make this an ideal location for both local and regional clientele. There is a potential drive-thru opportunity, currently pending approvals, offering a unique advantage for qualified food and beverage operators seeking high-volume, convenience-driven business. The location has a walk score of 84, indicating it is very walkable, a transit score of 57, indicating good transit, and a bike score of 35, indicating it is somewhat bikeable. This is an excellent opportunity to establish or expand in a high-demand corridor with strong visibility, accessibility, and growth potential.

Key Highlights

  • Prime 2,000 SF corner unit in a highly visible Waterbury location.
  • Excellent accessibility with close proximity to I‑84 and ample on‑site parking.
  • Open, flexible layout suitable for retail, food, or beverage concepts.

Property Analytics

Current Use

The RoadRunners Citgo Waterbury (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Kitchen & Bath Showroom Bakery Spa & Massage Center

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

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

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 45%
Dollar General Shops & Services
11,489 visits/mo 0.4 miles
Dunkin' Donuts Dining
8,064 visits/mo 0.3 miles
Mario's Pizza Dining
5,002 visits/mo 0.3 miles
SUBWAY Dining
4,027 visits/mo 0.3 miles
Citgo Shops & Services
2,448 visits/mo 0.1 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

$13.92 /SF/Yr
Avg Asking Price
$10–$18.4 /SF/Yr
Price Range
3,953 SF
Avg Space Size

This space is priced 28% below the average of $13.92 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible 2,000 SF retail space in Waterbury.
Where is this retail space located?
The property is located at 1387 watertown Ave 1 Waterbury, CT.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Prime 2,000 SF corner unit in a highly visible Waterbury location.; Excellent accessibility with close proximity to I‑84 and ample on‑site parking.; Open, flexible layout suitable for retail, food, or beverage concepts.
More about this property
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