Spaces For Lease

at 771 Lakewood Rd Contact us

771 Lakewood Rd

Floor

Bldg

Size

34,340 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- 28,772 SF Retail Building + 5,568 SF Service Garage Outparcel - Two large Pylon... Signs (Lakewood Road & Industry Lane) - 18,000 Average Daily Traffic

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Listing Agency: TRUE Commercial Real Estate Show Phone

Listed By: Tyler Lyman · License #RES.0787447 Show Phone

Source: Moodyscre

Added: Nov 3, 2025 Changed: Aug 8 Last Checked: Sep 13 at 5:36AM

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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 TRUE Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail building offering includes 28,772 SF of retail space plus a 5,568 SF service garage outparcel, for a combined total of 34,340 SF. The property also features two large pylon signs.

The pylon signage is located on Lakewood Road and Industry Lane, supporting strong visual presence along the corridor. The property is reported with 18,000 average daily traffic.

Overall, the layout combines retail and service garage space within a single offering, which can be helpful for operators seeking both customer-facing and back-of-house service functions.

Key Highlights

• 28,772 SF retail building plus 5,568 SF service garage outparcel
• Two large pylon signs on Lakewood Road and Industry Lane
• 18,000 average daily traffic

Property Analytics

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Current Use

LifeCare Menopause Specialist ... Medical Clinic Ocean State Job ... Discount Store DWNSHFTco Detail Garage Car Wash Shoreline Motorsports Car Dealership

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Computer & Electronic Repair Plumbing Service Accounting Firm

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

18,000 VPD

Traffic count

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

494

Businesses Nearby

227k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 33% Shops & Services 25% Groceries 20% Apparel 17%

Stop & Shop Groceries

45,091 visits/mo 0.4 miles

T.J. Maxx Apparel

33,157 visits/mo 0.3 miles

McDonald's Dining

26,857 visits/mo 0.5 miles

Wendy's Dining

20,019 visits/mo 0.5 miles

Ocean State Job Lot Shops & Services

11,947 visits/mo 0.1 miles

Demographics for 06704, CT

27,300

Population

12,987

Households

2.1

Avg Household Size

34

Median Age

14%

College-Educated

78%

High-School Grad

8.1 sq mi

ZIP Area

3,370

Density / Sq Mi

$47,848

Median Household Income

$33,090

Median Earnings

$1,202

Median Rent

$178,500

Median Home Value

Market

Lease Benchmarks for Waterbury, CT

$13.07 /SF/Yr

Avg Asking Price

$6.14–$28.8 /SF/Yr

Price Range

3,885 SF

Avg Space Size

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail building plus service garage outparcel with two pylon signs and 18,000 average daily traffic.

Where is this retail space located?

The property is located at 771 Lakewood Rd Waterbury, CT.

What are key features of this property?

This property features: 28,772 SF retail building plus 5,568 SF service garage outparcel; Two large pylon signs on Lakewood Road and Industry Lane; 18,000 average daily traffic