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    464 Reidville Dr Waterbury, CT 06705

    For Lease
    $14 SF/Yr

    High-traffic retail space available.

    Lot size:
    23,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,500 square foot retail space is located at 464 Reidville Drive in Waterbury, Connecticut, zip code 06705. The property is part of a larger retail plaza conveniently situated at Exit 25 off I-84, offering unparalleled visibility and accessibility. The plaza boasts a strong tenant mix, including established businesses such as CVS, Aldi, Leslie Pools, and Burger King, ensuring high foot traffic and a vibrant commercial environment. The building itself was constructed in 1990 and offers a total of 23,540 square feet, with ample parking for customers and employees (271 spaces). This single-tenant space presents a unique opportunity for businesses seeking a prominent location with high visibility. The property benefits from exceptional daily traffic counts, with I-84 boasting 88,200 cars per day and Reidville Drive seeing 11,800 cars per day. Net charges are estimated at $11.00 per square foot. This location provides excellent exposure to a large customer base and is ideal for a variety of retail businesses. The available space is 1,500 square feet, offering flexibility for various business needs. Don't miss this chance to establish your business in a thriving retail center.

    Property Features for 464 Reidville Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,540 SF
    Total Rate
    27463.33

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $14

    HighLights

    • 1,500 SF retail space available at 464 Reidville Drive, Waterbury, CT 06705.
    • Located in a retail plaza at I‑84 Exit 25, offering high visibility and accessibility.
    • Strong tenant mix including CVS, Aldi, Leslie Pools, and Burger King.
    • Building features 271 parking spaces.
    • High traffic counts: 88,200 vehicles daily on I‑84 and 11,800 on Reidville Drive.
    • Estimated net rent: $11.00/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reidville Dentistry & Implants Teeth Whitening Service Petro Matsyshyn, DDS Dentist Kang Brandon DDS Dentist Santander Bank ATM Atm Frankie's Family Restaurant Hot Dog Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9976791
    Latitude
    41.5388807

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 464 Reidville Dr Waterbury, CT.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 1,500 SF retail space available at 464 Reidville Drive, Waterbury, CT 06705.; Located in a retail plaza at I-84 Exit 25, offering high visibility and accessibility.; Strong tenant mix including CVS, Aldi, Leslie Pools, and Burger King.
    Request Owner's contact information
    464 Reidville Dr Waterbury, CT 06705
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    Waterbury, CT 06705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    464 Reidville Dr Waterbury, CT 06705
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