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Family Dollar Retail Store
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91 Cooke St, Waterbury, CT 06710

For-sale Family Dollar retail storefront offering a broad range of everyday household, health, and apparel merchandise.

Property Size16,388 SF
Price / SF$142.91
Days on Market192

Property Features for 91 Cooke St

General Information

Standard status Active
Size 16,388 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $181,543

Building Details

Year Built 2013
Tenancy Single
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Chris Lind · License #AZ SA627823000
Source: Crexi
Added: Apr 14 Changed: Oct 17 Last Checked: Oct 20 at 5:58PM

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 - Phoenix

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Investment Insights

Based on property information with market context.

This for-sale retail storefront is operated as a Family Dollar location, offering a broad assortment of merchandise for the whole family. The assortment referenced includes household cleaners, name brand foods, health and beauty aids, toys, apparel for every age, and home fashions. The property is listed with a total size of 16,388 square feet.

The asset is located in Waterbury, Connecticut, historically known as the “Brass City,” in the western part of New Haven County along the Naugatuck River in the central Naugatuck Valley region.

The offering presents an existing, single-tenant retail format configured around the Family Dollar merchandising model, with the property marketed as part of the greater New York metropolitan area given its distance to Hartford and New York City.

Key Highlights

  • Family Dollar retail storefront for sale
  • Year built: 2013
  • Broad in‑store merchandise mix includes household cleaners and health/beauty aids

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$138,554
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,771,080 $2.8M
Cap Rate 7%
$1,979,343 $2.0M
Cap Rate 9%
$1,539,489 $1.5M
Market Conditions
NOI Build-Up for 16,388 SF
Gross rent
$216.3K $13.20/SF
− Vacancy
−$18.4K −$1.12/SF
EGI
$197.9K $12.08/SF
− OpEx
−$59.4K −$3.62/SF
NOI
$138.6K $8.45/SF
Area
Waterbury, CT
Vacancy
8.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,771,080
Cap Rate 7%
$1,979,343
Cap Rate 9%
$1,539,489

Alternative Uses

Best Use
Retail
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,554 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.35M
$3.81M – $5.07M (±1% cap)
NOI $304,423 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Family Dollar Discount Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Florist Travel Agency Electrical Service Veterinary Clinic

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

2,662
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
8,702 visits/mo 0.1 miles
Family Dollar Shops & Services
3,459 visits/mo 0.4 miles
TD Bank Shops & Services
2,666 visits/mo 0.3 miles
Webster Bank Shops & Services
2,431 visits/mo 0.5 miles

Demographics for 06710, CT

11,056
Population
4,515
Households
2.4
Avg Household Size
32
Median Age
15%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
11,056
Density / Sq Mi
$42,774
Median Household Income
$33,880
Median Earnings
$1,135
Median Rent
$219,600
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

Frequently Asked Questions

What type of property is this?
Retail space - For-sale Family Dollar retail storefront offering a broad range of everyday household, health, and apparel merchandise.
Where is this retail space located?
The property is located at 91 Cooke St Waterbury, CT.
What is the asking price?
The asking price for this property is $2,342,000.
What are key features of this property?
This property features: Family Dollar retail storefront for sale; Year built: 2013; Broad in‑store merchandise mix includes household cleaners and health/beauty aids
(602) 687-6780 Call to check price and availability
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