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195 Freight St
6,000 - 18,200 SF of Space Available in Waterbury, CT 06702
Highlights
- Easy access to the highway with ample parking.
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 12,200 SF | 2-30 Years | £6.28 /SF/PA £0.52 /SF/MO £67.55 /m²/PA £5.63 /m²/MO £76,558 /PA £6,380 /MO | Triple Net | ||
| 1st Floor | 6,000 SF | 2-30 Years | £5.88 /SF/PA £0.49 /SF/MO £63.32 /m²/PA £5.28 /m²/MO £35,298 /PA £2,942 /MO | Triple Net |
1st Floor
The two available spaces are a 16,200sf space with 21ft ceilings and a loading dock on the right side and a 6,000 sf space with 17ft ceilings and a loading dock on the left side available for lease at $8.00 sf plus triple net. If a tenant has a two year lease, there is grant money available to match money for build out. Grant 1 matches up to $100,000 for the build out and Grant 2 matches up to $100,000 for the equipment.
- Lease rate does not include utilities, property expenses or building services
1st Floor
The two available spaces are a 16,200sf space with 21ft ceilings and a loading dock on the right side and a 6,000 sf space with 17ft ceilings and a loading dock on the left side available for lease at $8.00 sf plus triple net. If a tenant has a two year lease, there is grant money available to match money for build out. Grant 1 matches up to $100,000 for the build out and Grant 2 matches up to $100,000 for the equipment.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 195 Freight St , Waterbury, CT 06702
| Property Type | Retail | Year Built | 1948 |
| Property Subtype | Bar | Parking Ratio | 1.29/1,000 SF |
| Gross Internal Area | 34,000 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Internal Area | 34,000 SF |
| Year Built | 1948 |
| Parking Ratio | 1.29/1,000 SF |
About the Property
Redevelopment opportunity for this 1.82 acre property with a 34,000sf former warehouse in the CBD zone of Downtown Waterbury. Some permitted uses are Warehouse/Retail, Dining, Multifamily, Medial, Office, School, Daycare and Gym. Located across the street is a 20 acre parcel to be developed with the Work,Live,Play theme being promoted. There is a bicycle path now and plans and grants offered for economic development. Property faces newly paved Jackson Street and is 1/4 mile from the RT84 and RT8 mix master. The Metro North Train Station is a 2 minute walk. This property has two units to be leased. The social club in the center is currently leased. The two available spaces are a 12,200sf space with 21ft ceilings and a loading dock on the right side and a 6,000 sf space with 17ft ceilings and a loading dock on the left side available for lease at $9.00sf triple net. Any tenants signing a two year lease are eligible for both of the city of Waterbury Grant Programs that will match up to $100,000 for the build out and up to $100,000 for equipment costs.
- Signage
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Don Orsini -
Don Orsini Realty, LLC
Presented by
195 Freight St
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