175 UNION ST Waterbury CT 06706

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in the power center, Brass Mill Commons (the “Property”) in Waterbury, CT. 94% of the 206,000 square foot power center is comprised of credit & national tenants. The center had over 2,100,000 visitors over the past twelve (12) months, led by Save-A-Lot which ranks in the top 88% nationally and Chili’s which ranks in the top 86% nationally, among their respective chains, according to Placer.ai. Each tenant located within the power center has shown a strong commitment to the area. The Property’s tenant lineup offers a variety of uses, including food & beverage, athletics, service oriented, health and wellness and discount retailers, creating a true community center with excellent complimentary uses to the grocery anchor. The current tenants have been operating at this power center for about 15 years on average. The offering includes an arbitrage opportunity with three national, highly sought after restaurant pads in McDonald's, Chili's and TGI Friday's. Brass Mill Commons has tremendous visibility as it can easily be seen from Interstate-84 which is home to over 101,600 VPD. Brass Mill Commons has excellent accessibility located at the signalized intersection along Union Street (10,700 VPD), in addition to being a half (0.5) mile from exit 22 of I-84.

Brass Mill Commons benefits from being adjacent to and shadow anchored by the Brass Mill Center. The regional mall is the fifth largest in the state and saw over three (3) million pedestrians over the past twelve (12) months, according to Placer.ai. The Property is located in a dense demographic area, as there is a population of 105,000 within three (3) miles of the property and there are over 170,000 people within a 5-mile radius. There are over 16,500 students within four (4) miles of Brass Mill Commons from universities and higher education such as Post University, UCONN Waterbury Campus, Naugatuck Valley Community College, John F. Kennedy High School and Waterbury Career Academy, helping keep a consistent consumer base for the property.

• Brass Mill Commons has tremendous visibility as it can easily be seen from Interstate-84 which is home to over 101,600 VPD. Brass Mill Commons has excellent accessibility located at the signalized intersection along Union Street (10,700 VPD), in addition to being a half (0.5) mile from exit 22 of I-84.

• 94% of the 206,000 square foot power center is comprised of credit & national tenants. The center had over 2,100,000 visitors over the past twelve (12) months, led by Chili’s which ranks in the top 86% nationally, and Save-A-Lot which ranks in the top 88% nationally among their respective chains, according to Placer.ai.

• Each tenant located within in the power center has shown a strong commitment to the area. The current tenants have been operating at the power center for about 15 years on average. The offering includes an arbitrage opportunity with three national, highly sought after restaurant pads in McDonald's, Chili's and TGI Friday's.

• The Property is located in a dense demographic area, as there is a population of 105,000 within three (3) miles of the property and there are over 170,000 people within a 5-mile radius.

• The Property’s tenant lineup offers a variety of uses, including food & beverage, athletics, service oriented, health and wellness and discount retailers, creating a true community center with excellent complimentary uses to the grocery anchor.

• There are over 16,500 students within four (4) miles of Brass Mill Commons from universities and higher education such as Post University, UCONN Waterbury Campus, Naugatuck Valley Community College, John F. Kennedy High School and Waterbury Career Academy, helping keep a consistent consumer base for the property.

• The property benefits from being adjacent to and shadow anchored by the Brass Mill Center. The regional mall is the fifth largest in the state and saw over three (3) million pedestrians over the past twelve (12) months, according to Placer.ai.

• Brass Mill Commons is within two (2) miles of two major local hospitals, Saint Mary’s Hospital and Waterbury Hospital. Licensed for 347 beds, the adjacent Saint Mary’s Hospital is designated as a Level II Trauma Center, offers award-winning cardiac and stroke care and houses the region’s only pediatric emergency care unit. Waterbury Hospital is licensed for 357 beds and serves a population of nearly 360,000.