620 Main St, Watertown, CT 06795
20,266 SF | 100% Leased | Retail Building | Watertown, CT 06795 | $1,700,000 ($84/SF) | 8.25% Cap Rate
For Sale
Active
Asking Price $1,700,000
- Property Type
-
Retail
- Square Feet
- 20,266 SF
- Price / Square Foot
- $84
Listing Contacts
- Property Info
Property Overview
• Nearby national/credit tenants include Marshalls, Adams Hometown Market, Starbucks, AutoZone, and more
• Increases consumer draw to the trade area and promotes crossover shopping
• Large pylon sign provides increased visibility
• The asset is located less than 3 miles from The Taft School, built on 226-acres with a student body of 580+
• The campus rivals those of many small colleges, including a library with 55,000 print volumes; a 45,000 square foot science and mathematics building; two theaters; two ice hockey rinks; and an 18-hole golf course
• Increases consumer draw to the trade area and promotes crossover shopping
• Large pylon sign provides increased visibility
• The asset is located less than 3 miles from The Taft School, built on 226-acres with a student body of 580+
• The campus rivals those of many small colleges, including a library with 55,000 print volumes; a 45,000 square foot science and mathematics building; two theaters; two ice hockey rinks; and an 18-hole golf course
Property Details
- Class
- B
- Year Built
- 1945
- Stories
- 1
- Property Subtype
- Storefront Retail/Office, Drug Store, Freestanding
- Lot Size (sq. ft)
- 34,412 SF
Highlights
- Investment Grade Anchor (S&P: BBB) | Value Add Opportunity | Established Pharmacy Location (Over 30 Years)
- NNN Leases | Fee Simple Ownership | Limited Landlord Responsibilities
- Major Thoroughfare | Excellent Visibility and Access
- Retail Corridor | Large Pylon Sign | Near Taft School
- Affluent Population
Nearby Properties
Similar Properties
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