Brass Mill Commons Waterbury, CT

As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in Brass Mill Commons for sale. This 201,144 square foot power center is situated on +/- 19.24 acres along the primary retail corridor in Waterbury, Connecticut, within the vibrant Naugatuck Valley Region. The Center is currently 89% leased to a diverse roster of 12 tenants, anchored by national brands such as Dick’s Sporting Goods, Burlington, Best Buy, and Save-A-Lot, to name a few. With a WALT of 5.8 years, strong in-place cash flow, and national tenants responsible for 98% of revenue, Brass Mill Commons offers investors a stable and financeable income stream with immediate upside potential through lease-up of 22,000 SF of existing vacancy, subdivision and spin-off of three restaurant pads, and potential future development of two additional pads.

The Center benefits from exceptional visibility along I-84 (58,500 VPD at Exit 22, 0.5 miles away), as well as convenient accessibility, with multiple signalized ingress/egress points and an above market parking ratio of 4.77 / 1,000 SF (932 parking spaces). The surrounding trade area benefits from dense demographics, with a population of roughly 175,000 within 5 miles, as well as robust traffic counts, and proximity to major highways, supporting consistent tenant sales and foot traffic. Recent capital improvements have helped retain existing tenants and attract new national tenants to further position Brass Mill Commons as a premier retail destination in a growing submarket, making it an attractive investment opportunity for long-term value creation.

Investment Highlights