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Shops at Main Street | Walgreens Anchored 620 Main St 20,266 SF 100% Leased Retail Building Watertown, CT 06795 $2,044,682 CAD ($100.89 CAD/SF) 10.90% Cap Rate
Executive Summary
Investment Opportunity
20,266 +/- S/F Retail Building
Primary Tenant - Walgreens
Prime Location with High Visibility on Busy Main Street
Strong Traffic Counts - 15,300+ Cars Daily
.79 Acres
Additional Income Potential
Offered at $1,495,000.00
NOI: $163,003.67 Cap Rate: 10.90%
20,266 +/- S/F Retail Building
Primary Tenant - Walgreens
Prime Location with High Visibility on Busy Main Street
Strong Traffic Counts - 15,300+ Cars Daily
.79 Acres
Additional Income Potential
Offered at $1,495,000.00
NOI: $163,003.67 Cap Rate: 10.90%
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,266 SF
Building Class
B
Year Built
1945
Price
$2,044,682 CAD
Price Per SF
$100.89 CAD
Cap Rate
10.90%
NOI
$222,937 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.79 AC
Zoning
B-D - Downtown Central Business
Parking
41 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
125’ on Main
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
10,000 +/- S/F Available Retail/Office/Storage Space Prime Location with High Visibility on Busy Main Street Strong Traffic Counts - 15,300+ Cars Daily Side Entrance on Ground Level Lease $9.00 PSF NNN
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 10,000 SF | Retail | - | 30 Days |
2nd Floor
| Size |
| 10,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 10,000 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
10,000 +/- S/F Available Retail/Office/Storage Space Prime Location with High Visibility on Busy Main Street Strong Traffic Counts - 15,300+ Cars Daily Side Entrance on Ground Level Lease $9.00 PSF NNN
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WATE-000099A-000065-040003 | Improvements Assessment | $1,301,744 CAD |
| Land Assessment | $234,366 CAD | Total Assessment | $1,536,110 CAD |
Property Taxes
Parcel Number
WATE-000099A-000065-040003
Land Assessment
$234,366 CAD
Improvements Assessment
$1,301,744 CAD
Total Assessment
$1,536,110 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Shops at Main Street | Walgreens Anchored | 620 Main St
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