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1225 Thomaston Avenue, Waterbury, CT 06704 PRICE REDUCTION: Investment Property with Fortune 500 Tenant for Sale at $750,000

$750,000 $113.38 / SF
1225 Thomaston Avenue, Waterbury, CT 06704

For Sale Details

$750,000
$113.38 / SF
  • Property Type Retail / Storefront
  • Sale Type Investment
  • Status Cancelled
  • Created 03/31/21
  • Updated 05/01/23

About 1225 Thomaston Avenue, Waterbury, CT 06704

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer an investment opportunity at 1225 Thomaston Avenue in Waterbury, CT, for sale at $750,000. Fully leased to PPG Paints with a corporate guarantee from a Fortune 500 Company until 12/31/2024, the property is a 6,615 RSF one-story retail building on 0.67 acres with abundant parking. The projected 2022 NOI is $66,150.

1225 Thomaston Avenue is located less than one mile from Route 8 (Exit 36) and near top national retailers including Target, CVS, McDonald’s, 7-Eleven, Cumberland Farms, Aldi, Stop & Shop, and Bank of America.

For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.​ 21.

Building Details

  • Tenancy: Single Tenant
  • Building Area (SF): 6,615
  • Year Built: 1962
  • Number of Stories: 1
  • Number of Buildings: 1

Land Details

  • Acreage: 0.67
  • Gas: Yes
  • Sewage System: Public Sewer
  • Water System: Public Water

Financial Characteristics

  • Net Operating Income: $68,690
  • Financials Year: 2021
  • Occupancy Percent: 100%

Documents for 1225 Thomaston Avenue, Waterbury, CT 06704

PARCEL MAP- 1225 Thomaston Avenue, Waterbury, CT.pdf FACT SHEET - 1225 Thomaston Avenue, Waterbury, CT.pdf OFFERING-BROCHURE-Connecticut-PPG-Portfolio.pdf

The Retail / Storefront property at 1225 Thomaston Avenue, Waterbury, CT 06704 is currently available for sale. Contact Jon Angel from Angel Commercial, LLC for more information.