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779 Wolcott St
Waterbury, CT 06705 Downtown Waterbury

Price Upon Request

Freestanding For Sale  •  4,980 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,980 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1980
  • Tenancy Single
  • Zoning C
34 Transit Score
70 Walk Score

Highlights

10-Year Brand New NNN Lease – 2023 Remodel – Rare New England Location on Major Retail Corridor
High Traffic Location – Wolcott St (23,900 Cars Per Day) and Adjacent to Interstate-84 (128,700 Cars Per Day)
Strong, Fixed Annual 2% Rental Escalations Throughout Primary Term and Option – Effective Inflation Hedge
Waterbury, CT – Strategically Located – Steady Population Growth – Accessible to New York (77 miles), Hartford (33 miles), New Haven (23 miles)
Incredible Demographics – 102,580 Population within 3-Mile Radius – Stable Cash Flow from Emerging Sector
Fee Simple (Land & Building) – True Coupon Clipper Investment – Long-Term Lease – One 10-Year Option

Financial Summary (Actual)

Net Operating Income: $68,575 USD (2024)

Major Tenants

Tenant SF Occupied Lease End Date
Smoke Terminal 4,980 SF 4/30/2033

Public Transportation

Commuter RailDriveWalkDistance
Waterbury Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 7 min - 2.9 mi
Naugatuck Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 11 min - 6.8 mi
AirportDriveWalkDistance
Tweed/New Haven 45 min - 28.1 mi
Bradley International 70 min - 40.1 mi