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1200 Wolcott St
Waterbury, CT 06705

$5,170,732 USD

Auto Repair For Sale  •  12,500 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 12,500 SF
  • Lot Size 1.76 AC
  • Year Built 2024
  • Cap Rate 6.15 %
  • Tenancy Single
27 Transit Score
41 Walk Score

Highlights

Absolute NNN Lease, zero landlord responsibilities
Brand new 2024 construction
Regular 10% rent increases every 5 years hedge against inflation
Strong corporate guaranty from the largest auto body repair company in the U.S. backed by over 1,800 locations
E-commerce and recession resistant industry, as long as there are cars on the road, there will be a need for body work
Rare Connecticut investment opportunity, part of the densely populated New Haven-Hartford-Waterbury MSA, 155k people living w/in 5 miles of the site

Property Flyers

Cap Rate: 6.15 %

Major Tenants

Tenant SF Occupied Lease End Date
Caliber Collision 12,400 SF 12/31/2039

Amenities

  • Signage
  • Tenant Controlled HVAC

Public Transportation

Commuter RailDriveWalkDistance
Waterbury Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 7 min - 3.6 mi
Naugatuck Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 12 min - 7.7 mi
AirportDriveWalkDistance
Tweed/New Haven 45 min - 28.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 46
Type: Surface
Included in Rent: Yes
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap