THE CENTER OF GREATER WATERBURY

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For lease · Waterbury, Connecticut

The Center of Greater Waterbury

155 Thomaston Avenue, Waterbury, CT 06702. An anchored retail and flex center on Thomaston Avenue, locally owned and managed by Cornerstone since 2022.

±900 to 7,081 SF
Inline shop space
±19,250 to 34,079 SF
Junior anchor boxes
±0.5 acre pad
Former bank with drive-thru
1,200
Parking spaces
The center

Room to open, room to grow, on Thomaston Avenue

The Center of Greater Waterbury, formerly Colonial Plaza, is a 224,810 SF anchored retail and flex property. Cherry Valley Marketplace anchors the center, with Dunkin’, Taco Bell, Wendy’s, Avis Budget, Dr. Dental, Metro by T-Mobile and Empire Wine and Liquor already open.

CA zoning covers retail, restaurant, medical, office, automotive, building supply, contractor, flex and light industrial use. Adjacent suites can be combined, and a pad site is available on the Thomaston Avenue frontage.

Find your space

Tell us what you need. We'll show you what fits.

Pick your business type and the room you need. Matching suites light up on the site plan. Tap any suite to see its size, where it sits in the center, and what is open next door.

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Matches your needsAvailableLeasedDashed outline: on your listSite plan not to scale

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Anchor tenant

Join Cherry Valley Marketplace

±56,900 SF
Just expanded
2012
Founded
NYC + CT
Store coverage

A full-size grocery anchor, built on guest-style service

Cherry Valley Marketplace is a New York-based independent supermarket chain serving dense, diverse urban and suburban communities, with stores in Manhattan, the Bronx, Brooklyn, Queens, Yonkers, Long Island and Connecticut.

The company is known for community-focused, guest-style service, built on the belief that good people are the key to success and that every customer should be treated like a guest walking into their home. Its stores dedicate aisles to a range of ethnic and religious dietary needs, with sugar-free, gluten-free, soy-free and no-high-fructose-corn-syrup options throughout.

The Waterbury store recently expanded to ±56,900 SF, and every suite at The Center of Greater Waterbury shares its parking field.

Already open here

Cherry Valley Marketplace logo
Dunkin' logo
Taco Bell logo
Wendy's logo
Avis logo
Budget logo
Dr. Dental logo
Metro by T-Mobile logo
Empire Wine & Liquor Superstore logo
From the air

224,810 SF on Thomaston Avenue

Getting here

Less than a mile from I-84 and Route 8

The center sits on Thomaston Avenue near the interchange of Interstate 84 and Route 8, the two highways that cross in Waterbury.

Traffic and trade area

81,000 vehicles a day on Route 8, right beside the center

Daily traffic

RoadVehicles per day
Route 8, alongside the center81,000
West Main Street, at Thomaston Avenue21,000
Thomaston Avenue, in front of the center11,300

Annual average daily traffic, both directions. Source: Connecticut Department of Transportation, Traffic Monitoring Data, 2025 release. Route 8 counts are 2024; West Main Street and Thomaston Avenue counts are 2023.

Who lives and shops here

City of WaterburyNaugatuck Valley region
Population (2025 estimate)115,771463,349
Households45,663180,116
Median household income$51,886$86,191
Retail sales (2022)$2.33 billion$7.39 billion

Source: U.S. Census Bureau, QuickFacts. Population from Vintage 2025 estimates; households and income from the 2020 to 2024 American Community Survey; retail sales from the 2022 Economic Census.

Built for business

Building and site

Center size
224,810 SF
Year built
1960
Construction
Composite build-up
Zoning
CA
Sprinklers
Yes
HVAC
Central air
Heat
Gas, hot air
Electric
Eversource
Water and sewer
Public
Parking
1,200 spaces
Signage
Two pylons on Thomaston Ave
Security
24/7, linked to Waterbury PD RTCC
Leasing

Ask about a space

Your leasing contact

Ryan Bessette

Ryan Bessette, Licensed Connecticut Real Estate Broker. (203) 802-7218 or rbessette@cmcict.com

Cornerstone Realty, Inc.
240 East Aurora Street, Waterbury, CT 06708