Waterbury, Connecticut, offers a unique opportunity for investors to capitalize on the city's rich history and strategic location. Retail Properties in Waterbury For Sale provide a diverse range of investment opportunities, from small strip centers to large shopping malls. These properties can represent a variety of investments, including single-tenant net-leased properties, multi-tenant retail centers, and redevelopment opportunities. Waterbury's strong infrastructure, including Interstate 84 and Route 8, makes it an attractive location for retailers and consumers alike. The city is also home to several higher education institutions, including Naugatuck Valley Community College and Post University, which contribute to a strong and educated workforce. Additionally, Waterbury's rich cultural scene, featuring attractions like the Mattatuck Museum Arts and History Center and the Palace Theatre, makes it an attractive destination for tourists and locals alike.
With 11 Retail Properties For Sale in Waterbury, investors have a wide range of options to choose from. The average price per square foot for Retail Properties in Waterbury is $175 USD, with an average size of 6,730 square feet. The largest Retail Property available in Waterbury spans 12,500 square feet. Shopping Centers in Waterbury offer a range of investment opportunities, from small neighborhood centers to large regional malls. Restaurants in Waterbury are also a popular investment option, with many opportunities available in the city's downtown area. Office Properties in Waterbury provide a strong investment opportunity, with many major employers, including Waterbury Hospital and Webster Bank, calling the city home. Hotels in Waterbury are another attractive investment option, with many visitors drawn to the city's cultural attractions and outdoor recreational opportunities. Overall, Waterbury's diverse economy and strong infrastructure make it an attractive location for investors looking to capitalize on the city's growth and development.
What is the average cap rate for retail properties in Waterbury?
When it comes to retail properties in Waterbury, investors can expect an average cap rate of 8.44%, which is a key metric to consider when evaluating potential investments. To learn more about how this rate is calculated and what it means for your investment strategy, check out our article on what is a cap rate, and explore the 11 available listings of retail properties in Waterbury to find the right opportunity for your portfolio.
How do location and foot traffic affect retail property values?
When it comes to retail properties in Waterbury, location plays a significant role in determining property values, with proximity to major transportation hubs like I-84 and Route 8, as well as foot traffic hotspots like the Brass Mill Center shopping venue, contributing to higher property values.
In Waterbury, where there are currently 11 retail properties available, foot traffic is also a key factor, with properties located in areas with high pedestrian activity, such as downtown Waterbury, tend to command higher prices, with an average price per square foot of $175 USD and an average size of 6,730 square feet.
