For Lease
$16/SF/YR

155 Thomaston Ave Waterbury, CT 06702

High-traffic location, flexible suites available

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 134,000 square foot retail and office building, located at 155 Thomaston Avenue, offers a unique opportunity for businesses seeking flexible space in a high-traffic area. The property boasts 25 suites, with a minimum divisible space of 740 square feet and a maximum contiguous space of 20,000 square feet, catering to a wide range of tenant needs. Its central location is easily accessible via public transportation, being situated on a bus route and conveniently close to the downtown area and the intersection of I-84 and Route 8, ensuring high visibility and convenient access for employees and customers. The property is currently zoned CA and enjoys the benefit of strong neighboring tenants, including Cherry Hill Grocery, Deals on Wheels, Dunkin', Wendy's, and Taco Bell. This vibrant retail environment provides a significant advantage for prospective tenants. Net operating income (NNN) is estimated between $14 and $16 per square foot, depending on tenant build-out requirements and creditworthiness. This presents a compelling investment opportunity for businesses seeking a strategic location with excellent visibility and a thriving commercial environment. The property's diverse suite sizes allow for customization to meet specific business needs, making it an ideal location for a variety of retail and office uses.

Highlights

  • Retail property totaling 134,000 square feet.
  • Multiple suites available, ranging from 740 to 20,000 contiguous square feet.
  • Currently 25 suites total.
  • Zoned CA.
  • Located on a bus route, near downtown and the intersection of I-84 and Route 8.
  • Strong tenant mix including Cherry Hill Grocery, Deals on Wheels, Dunkin', Wendy's, and Taco Bell.

Property Details for 155 Thomaston Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
134,000 SF

Unit(s) available at that property

Space
Available Space 1
Size
2,763 SF
Rate per SF
$16

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.561536190743
Longitude
-73.05354942521

FAQs

What type of property is this?
Retail property - High-traffic location, flexible suites available
Where is the retail property located?
The property is located at 155 Thomaston Ave Waterbury, CT.
What is the lease rate?
The lease rate is $16/SF/YR.
What are key features of this property?
This property features: Retail property totaling 134,000 square feet.; Multiple suites available, ranging from 740 to 20,000 contiguous square feet.; Currently 25 suites total.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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155 Thomaston Ave
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