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Anchor Box Retail Space
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575 Union St, Waterbury, CT 06706

Two-level anchor box space is available with a divisible layout, plus three pad sites for potential outparcel development.

Space Size18,450 SF
Days on Market469

Property Features for 575 Union St

General Information

Standard status Active
Size 18,450 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Washington Hill
Highway Access Yes

Building Details

Stories 2

Spaces For Lease

at 575 Union St
575 Union St $8 – $13/SF/Yr
Floor Upper Level
Size 18,450 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Your Big Box Retail Destination Starts Here!! - Join: Ashley Furniture & Nearby National Retailers - Anchor Box Space Available - Two Level Options with 124,993 +/- (Divisible) - 3 Pad Sites Available Offering Up to 16,000 +/- S/F - Strategically Located with Direct Exposure to I-84 - Ample Surface Parking with Easy Access
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Listing Agency: Colliers - Hartford
Listed By: Michael Matrone
Source: Moodyscre
Added: Jul 23, 2025 Changed: Oct 26 Last Checked: Nov 1 at 4:38AM

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 Colliers - Hartford

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Investment Insights

Based on property information with market context.

This shopping center offers for-rent retail opportunities including available anchor box space. The property provides two-level options with space sized at 124,993 +/- SF and a divisible configuration to accommodate different operating needs. In addition, there are three pad sites available, each offering up to 16,000 +/- SF.

The center is positioned at 575 Union St, Waterbury, CT, with direct exposure to I-84. Ample surface parking is available and access is described as easy, supporting customer convenience.

Anchors and retailers include Ashley Furniture and other nearby national retailers, creating an established retail mix for prospective tenants evaluating space within the center.

Key Highlights

  • Two‑level anchor box space available with divisible layout: 124,993 +/- SF
  • Two‑level options include up to 124,993 +/- SF, with divisible capability
  • Three pad sites available for potential outparcel development, up to 16,000 +/- SF each

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Advanced Laser Aesthetics Spa & Massage Center JCPenney Home Store Furniture & Home Goods Brass Mill Center ... Parking Lot & Garage Ashley Outlet Furniture & Home Goods Top Notch Clothing Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Storage Facility

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Apparel 36% Dining 18%
JCPenney Apparel
22,426 visits/mo 0.2 miles
Mobil Shops & Services
13,720 visits/mo 0.5 miles
Dunkin' Donuts Dining
10,651 visits/mo 0.5 miles
Citgo Shops & Services
9,840 visits/mo 0.4 miles
7-Eleven Shops & Services
4,954 visits/mo 0.5 miles

Demographics for 06706, CT

14,699
Population
5,907
Households
2.5
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.8 sq mi
ZIP Area
3,868
Density / Sq Mi
$51,770
Median Household Income
$32,375
Median Earnings
$1,233
Median Rent
$171,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Tanya Clark — 64 e liberty st, waterbury, ct 06706
  • Coin Cloud Bitcoin ATM — 495 Union St, Waterbury, CT 06706
  • Brass Mill Center — 495 Union St, Waterbury, CT 06706

Frequently Asked Questions

What type of property is this?
Shopping center - Two-level anchor box space is available with a divisible layout, plus three pad sites for potential outparcel development.
Where is this shopping center located?
The property is located at 575 Union St Waterbury, CT.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Two‑level anchor box space available with divisible layout: 124,993 +/- SF; Two‑level options include up to 124,993 +/- SF, with divisible capability; Three pad sites available for potential outparcel development, up to 16,000 +/- SF each
(860) 616-4023 · Office Call to check price and availability
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