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649 W Main St
Waterbury, CT 06702
91% Occupied Retail Center · Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Well-Positioned, 91% Occupied Retail Center with Two Out Lots
- Anchor Tenants: Walgreens, Advance Auto Parts, KFC, Monro Muffler
- Out Parcels Included in Sale: Free-Standing KFC w/ Drive-Thru and Free Standing Monro Muffler
- Long-Term Tenancy: Many Tenants have been in Place Since the Property's Inception; Indicating Stability.
- Upside Available Thru Lease-Up of Vacant Space and All Leases Have Upcoming Rent Increases or No Remaining Renewal Options
- Strategically Located Between Two Major Hospital Systems
RÉSUMÉ DE L'ANNONCE
Encore REIS is pleased to present Century Plaza, a 91% occupied multi-tenant retail center situated on 4.23 acres at a highly visible, signalized hard-corner intersection in Waterbury, Connecticut - just east of the downtown district. Built in 1994, the attractively constructed center features a drive-thru pharmacy pickup window, prominent pylon signage at the intersection of Thomaston Avenue and West Main Street, and multiple points of ingress/egress, with combined daily traffic counts exceeding 40,000 vehicles per day.
Anchored by long-term national tenants including Walgreens, Advance Auto Parts, KFC (drive-thru), and Monro Muffler, all of whom have operated at the property since its
inception. The stabilized center offers immediate rental growth through in-place lease escalations and limited tenant renewal options. Two income-producing outlots, KFC and
Monro Muffler, are included in the offering.
The property enjoys close proximity to Interstate 84 (200,000+ VPD), major retail corridors, and is strategically located between two regional hospitals: Waterbury Hospital (357 beds) just 0.6 miles away and St. Mary’s Hospital, a Yale-affiliated 347-bed facility, only 1 mile away.
Anchored by long-term national tenants including Walgreens, Advance Auto Parts, KFC (drive-thru), and Monro Muffler, all of whom have operated at the property since its
inception. The stabilized center offers immediate rental growth through in-place lease escalations and limited tenant renewal options. Two income-producing outlots, KFC and
Monro Muffler, are included in the offering.
The property enjoys close proximity to Interstate 84 (200,000+ VPD), major retail corridors, and is strategically located between two regional hospitals: Waterbury Hospital (357 beds) just 0.6 miles away and St. Mary’s Hospital, a Yale-affiliated 347-bed facility, only 1 mile away.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
36 680 pi²
Classe d’immeuble
B
Année de construction
1994
Prix
8 992 035 $ CAD
Prix par pi²
245,15 $ CAD
Taux de capitalisation
9,04%
Revenu net d’exploitation
813 201 $ CAD
Pourcentage loué
91%
Location
Multiples
Hauteur du bâtiment
1 étage
Quais de chargement
1 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,20
Taille du lot
4,16 AC
Zonage
IG - Industriel Général
Stationnement
225 places (6,13 places par 1 000 pi² loué)
COMMODITÉS
- Affichage
Impôts fonciers
| Numéro de lot | WATE-000272-000022-000023 | Évaluation des bâtiments | 4 722 970 $ CAD |
| Évaluation du terrain | 835 757 $ CAD | Évaluation totale | 5 558 727 $ CAD |
Impôts fonciers
Numéro de lot
WATE-000272-000022-000023
Évaluation du terrain
835 757 $ CAD
Évaluation des bâtiments
4 722 970 $ CAD
Évaluation totale
5 558 727 $ CAD
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