Bank Outparcel With Drive-Through
For Sale
Contact for pricing
Pending
364 Reidville Drive, Waterbury, CT 06705
Renovated and expanded in 2011, the property includes three drive-through ATM lanes.
Property SizeContact for details
Days on Market143
Property Features for 364 Reidville Drive
General Information
Standard status
Pending
Property subtype
Retail, Office
Listing Agency:
Horvath & Tremblay
Listed By:
Matthew Nadler · License #MA 134870
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 2:09AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This bank outparcel comprises a 3,227-square-foot building with three drive-through ATM lanes. Originally completed in 1976, the building and site underwent substantial renovation and expansion in 2011, with the work funded by Webster Bank.
Webster Bank has operated at the Waterbury Plaza location for more than 40 years. The ground lease extends through July 2029 and includes over twelve years of remaining term, along with two five-year renewal options. The current lease and renewal periods each provide for a 12.5% rent increase every five years.
Webster Bank has operated at the Waterbury Plaza location for more than 40 years. The ground lease extends through July 2029 and includes over twelve years of remaining term, along with two five-year renewal options. The current lease and renewal periods each provide for a 12.5% rent increase every five years.
Key Highlights
- 3,227‑square‑foot bank building on a ground‑leased outparcel
- Three drive‑through ATM lanes
- Building and site renovated and expanded in 2011
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
360k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 21%
Superstores 18%
Groceries 18%
BJ's Wholesale Club
Superstores
66,434 visits/mo
0.0 miles
Stop & Shop
Groceries
43,593 visits/mo
0.2 miles
BJ's Gas
Shops & Services
38,323 visits/mo
0.0 miles
McDonald's
Dining
36,494 visits/mo
0.4 miles
Texas Roadhouse
Dining
33,947 visits/mo
0.1 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 - Renovated and expanded in 2011, the property includes three drive-through ATM lanes.
Where is this bank located?
The property is located at 364 Reidville Drive Waterbury, CT.
What are key features of this property?
This property features: 3,227‑square‑foot bank building on a ground‑leased outparcel; Three drive‑through ATM lanes; Building and site renovated and expanded in 2011
