Bank of America Two-Tenant Center

Highlights:

• Brand New 15yr Corporate BofA Lease w/ 2.5% Annual Increases
• Rent Commencement Date - November 16, 2024
• Strategic Relocation Branch – Consolidation of Two Local Branches – Expected $500M in Deposits at Subject Branch
• Immediate Upside Through Leasing the Adjacent 4,884 SF Vacancy
• Billboard Location for Bank of America
• Situated on the Signalized intersection of Lakewood and Wolcott Street (43,000 VPD) w/ Excellent Exposure
• Positioned Along a Major Retail Corridor Surrounded by a Plethora of National Retailers Including: Super Walmart, Stop & Shop, McDonald’s, Panera Bread, Shop Rite, Firestone and many more

Description:

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Waterbury is a city in New Haven County, Connecticut with a population of 114,403 as of the 2020 Census. The city is 33 miles southwest of Hartford and 77 miles northeast of New York City. Waterbury is the largest city in the Naugatuck Valley Planning Region and second-largest city in New Haven County.

The city is alongside Interstate 84 (Yankee Expressway) and Route 8 and has a Metro-North railroad station with connections to Grand Central Terminal. Waterbury is also home to Post University and the regional campuses of the University of Connecticut, University of Bridgeport, Western Connecticut State University as well as Naugatuck Valley Community College.

Waterbury is located in west-central Connecticut on the Naugatuck River. It was settled in 1674 as a part of Farmington (in what is now known as the Town Plot area), and was originally called Mattituck Plantation. Incorporated as a town in 1686 and a city in 1853, Waterbury is named for its abundant waterways. Nicknamed the Brass City, and once the center of the American brass industry, manufacturing declined after World War II from employing a peak of 50,000 brass workers to less than 5,000 by the 1980s. Connecticut’s fifth-largest city, Waterbury is home to the Mattatuck Museum. Waterbury has a rich mix of historic architecture with a classic New England feel. Downtown has transformed into a vibrant center for shoppers, residents, and students of UCONN’s Waterbury branch campus.