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Century Plaza

$7,348,000

649 W Main St, Waterbury, CT 06702

Active
Last Updated: 03/20/2025

8

Cap Rate

587,841

NOI

Details:
Cap Rate:    8%
NOI:    $587,841
Building Size:    36,680 sqft
Lot Area:    4.23 acres
Occupancy:    100%
Units:    10
Year Built:    1994
Highlights:
  • Well-Positioned, 91% Occupied Retail Center | Upside Available Thru Lease-Up of Vacant Space
  • Attractive Tenant Roster with Majority of Tenants Operating Since the Property was Built
  • Out Parcels Included in Sale: Free-Standing KFC w/ Drive-Thru and Free Standing Monro Muffler
  • Strategically Located Between Two Major Hospital Systems; Waterbury Hospital, a 357-Bed Hospital Just 0.6 Miles Away and St. Mary's Hospital, a Yale-Affiliated 347-Bed Urban Hospital Just 1 Mile Away
  • Located at the T-Intersection of W. Main St and Thomaston Ave (40,400 VPD+)
  • Dense Residential Infill Location | 65,911 Residents within 2 Miles
  • Average Household Income within 5 Miles Exceeds $76,648
  • Waterbury is 33 Miles SW of Hartford and 77 Miles NE of NYC
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