1225 Thomaston Avenue
Waterbury, CT 06704
Investment Property with Fortune 500 Tenant for Sale at $750,000
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.
Angel Commercial, LLC
|Real Estate Taxes:||$32,761.84 (2022)|
|Projected 2022 NOI:||$66,150|
|Lease Termination Date:||12/31/2024|
|Total Building Size:||6,615 RSF|
|Zoning:||General Industrial District (IG)|
|Year Built:||1962, Renovated in 2011|
|Traffic Count:||7,921 Average Daily Traffic Volume|
|Demographics||3 Miles||5 Miles|
|Median HH Income:||$41,797||$51,365|