Bank of America - Two Tenant Center
10,984 SF | Retail Building | Waterbury, CT 06705 | $5,180,000 ($472/SF) | 5.27% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,180,000
- Property Type
-
Retail
- Square Feet
- 10,984 SF
- Price / Square Foot
- $472
Listing Contacts
Deno Bistolarides
Verified Profile
Brandon Hanna
Verified Profile
- Property Info
Property Overview
Brand New 15yr Corporate BofA Lease w/ 2.5% Annual Increases
Rent Commencement Date - November 16, 2024
Strategic Relocation Branch – Consolidation of Two Local Branches – Expected $500M in Deposits at Subject Branch
Immediate Upside Through Leasing the Adjacent 4,884 SF Vacancy
Billboard Location for Bank of America
Situated on the Signalized intersection of Lakewood and Wolcott Street (43,000 VPD) w/ Excellent Exposure
Positioned Along a Major Retail Corridor Surrounded by a Plethora of National Retailers Including: Super Walmart, Stop & Shop, McDonald’s, Panera Bread, Shop Rite, Firestone and many more
Rent Commencement Date - November 16, 2024
Strategic Relocation Branch – Consolidation of Two Local Branches – Expected $500M in Deposits at Subject Branch
Immediate Upside Through Leasing the Adjacent 4,884 SF Vacancy
Billboard Location for Bank of America
Situated on the Signalized intersection of Lakewood and Wolcott Street (43,000 VPD) w/ Excellent Exposure
Positioned Along a Major Retail Corridor Surrounded by a Plethora of National Retailers Including: Super Walmart, Stop & Shop, McDonald’s, Panera Bread, Shop Rite, Firestone and many more
Property Details
- Class
- B
- Year Built
- 1999
- Stories
- 1
- Property Subtype
- Drug Store
- Lot Size (sq. ft)
- 140,263 SF
Highlights
- Brand New 15yr Corporate BofA Lease w/ 2.5% Annual Increases | Rent Commencement Date - November 16, 2024
- Strategic Relocation Branch – Consolidation of Two Local Branches – Expected $500M in Deposits at Subject Branch
- Immediate Upside Through Leasing the Adjacent 4,884 SF Vacancy
- Billboard Location for Bank of America
- Situated on the Signalized intersection of Lakewood and Wolcott Street (43,000 VPD) w/ Excellent Exposure
- Positioned Along a Major Retail Corridor Surrounded by a Plethora of National Retailers Including: Super Walmart, Stop & Shop, McDonald’s, Panera Brea
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