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Bank NNN Property Portfolio
For Sale
Contact for pricing
Pending

326 Highland Ave, Waterbury, CT 06708

Two leased properties include a freestanding building and established locations in distinct retail and residential settings.

Property Size8,500 SF
Days on Market141

Property Features for 326 Highland Ave

General Information

Standard status Pending
Size 8,500 SF
Property subtype Retail

Financials

Asking Price $3,072,000
Cap Rate 5.87%
Gross Income $180,545

Building Details

Buildings 2
Listing Agency: Marcus & Millichap - Westchester
Listed By: Joseph French Jr. · License #NY 10301207036
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 1:29PM

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 two-property NNN portfolio totals 8,500 SF and includes a 5,000-square-foot freestanding building at 326 Highland Avenue. The Highland Avenue property occupies a .53-acre lot at the signalized intersection of Highland Avenue and Chase Parkway, with three ingress points and two egress points. Webster Bank is the tenant, and the building was subleased to Wheeler Clinic in 2012.

The portfolio includes a Wolcott Street property positioned within a strong retail corridor and the Highland Avenue asset in a residential neighborhood. The Highland Avenue location is 2 miles from downtown Waterbury and its central business district. Webster Bank has a Baa1 credit rating and operates 202 financial centers in the Northeast Region. The combined company has approximately $65 billion in assets, $44 billion in loans, and $53 billion in deposits as of 12/31/21.

Key Highlights

  • Two‑unit NNN portfolio totaling 8,500 SF
  • 5,000‑square‑foot freestanding building on a .53‑acre lot
  • Signalized corner at Highland Avenue and Chase Parkway

Property Analytics

Current Use

Wheeler - MDFT and Community-Based ... Foster Care Service Maria Pappas Foster Care Service Wheeler - Community Justice ... Crisis Center Harrub Pilgrim Memorial Tour Operator

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Florist Butcher HVAC Service

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

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Shops & Services 25% Electronics 3%
Starbucks Dining
16,184 visits/mo 0.5 miles
Wayback Burgers Dining
7,748 visits/mo 0.4 miles
TD Bank Shops & Services
6,132 visits/mo 0.5 miles
MyEyeDr. Shops & Services
3,227 visits/mo 0.4 miles
SUBWAY Dining
2,640 visits/mo 0.4 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

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?
NNN property - Two leased properties include a freestanding building and established locations in distinct retail and residential settings.
Where is this nnn property located?
The property is located at 326 Highland Ave Waterbury, CT.
What are key features of this property?
This property features: Two‑unit NNN portfolio totaling 8,500 SF; 5,000‑square‑foot freestanding building on a .53‑acre lot; Signalized corner at Highland Avenue and Chase Parkway
(914) 220-9730 Call to check price and availability
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