Century Plaza
649 W Main St, Waterbury, CT
For Sale
Retail
Strip Center
$7,725,000
Price
6.88%
Cap Rate
$531,447
NOI
Overview
Cap Rate
6.88%
NOI
$531,447
Building Size
36,680 sqft
Lot Area
4.23 acres
Occupancy
100%
Units
10
Year Built
1994
Highlights
- Well-Positioned, 84% 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: (One) Free-Standing KFC w/ Drive-Thru and Free Standing Monro Muffler
- Strategically Located In 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