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Property profile & analytics
FOR LEASE
Retail space

575 Union St Waterbury, CT 06706

161,744 SF 11.45 ac lot Built 1997
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US15-1045252
Property summary
AI-generated overview

This exceptional retail opportunity is located at 575 Union St, Waterbury, CT, 06706, within the prominent Brass Mill Center. The property boasts a total of 140,000 square feet across two stories, currently offering 140,000 square feet of vacant space. Multiple tenancy options are available, with spaces ranging from a minimum of 60,000 square feet up to a maximum contiguous space of 80,000 square feet. This presents a unique chance for businesses seeking significant retail presence in a high-traffic location. The building features inline spaces with impressive 14-18 foot clear heights, providing ample room for various retail configurations and inventory storage. Situated in New Haven County, this property benefits from excellent visibility and accessibility, making it an ideal location for a variety of retail uses. The address is easily accessible and well-suited for attracting a large customer base. This is a prime opportunity to establish or expand your retail business in a thriving Connecticut market. Contact us today to learn more about the available spaces and lease terms. The property is ready for immediate occupancy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 161,744 SF
Lot 11.45 ac (498,762 SF)
Zoning code CA
APN WBRY M:0347 B:0093 L:0115
UPID US15-1045252
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Advanced Laser Aesthetics Spa & Massage Center Alternative Medicine Practice
  • JCPenney Home Store Furniture & Home Goods Home Decor Store
  • Brass Mill Center - Macy's/Entrance #3 Parking Lot & Garage
  • Ashley Outlet Furniture & Home Goods Home Decor Store
  • Top Notch Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.15M
Owner & transaction history
Nasra Waterbury LLC · 2 yrs held
Nasra Waterbury LLC
since 2023
2 recorded transactions
2024
Price N/A
2023
Price N/A
Zoning & alternative use
CA · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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