155 Thomaston Ave, Unit 1 Waterbury, CT 06702-1020

Property Details for 155 Thomaston Ave

Lot size

19.33 lot acres

Zone code

CA

Property type

Commercial real estate

APN

WBRY M:0252 B:0024 L:0155-1

APU

WBRYM0252B0024L01551

Description

This exceptional 134,000 square foot retail and office building, located at 155 Thomaston Avenue, offers a unique opportunity for businesses seeking flexible space in a high-traffic area. The property boasts 25 suites, with a minimum divisible space of 740 square feet and a maximum contiguous space of 20,000 square feet, catering to a wide range of tenant needs. Its central location is easily accessible via public transportation, being situated on a bus route and conveniently close to the downtown area and the intersection of I-84 and Route 8, ensuring high visibility and convenient access for employees and customers. The property is currently zoned CA and enjoys the benefit of strong neighboring tenants, including Cherry Hill Grocery, Deals on Wheels, Dunkin', Wendy's, and Taco Bell. This vibrant retail environment provides a significant advantage for prospective tenants. Net operating income (NNN) is estimated between $14 and $16 per square foot, depending on tenant build-out requirements and creditworthiness. This presents a compelling investment opportunity for businesses seeking a strategic location with excellent visibility and a thriving commercial environment. The property's diverse suite sizes allow for customization to meet specific business needs, making it an ideal location for a variety of retail and office uses.

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Longitude

-73.055

Latitude

41.5604

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments