Retail Business for Lease in New Haven, CT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New Haven, CT 06511

Description

High-Traffic Retail Gem for Lease! 1,200 sq ft renovated space with new central air, gas heat, and 10-ft ceilings. Features a private rear office and large storefront windows for maximum visibility. Lower-level storage included. Perfect for retail/service businesses in a vibrant community. Competitive lease options available. Application and credit check required. 2 months deposit + 1st month's rent due at signing. Landlord pays water, taxes, sewer. Tenant pays gas, electric, cable/internet. Liability insurance recommended. Don't miss out on this fantastic opportunity to secure a high-visibility location for your business !

Market Context

This retail in New Haven, CT is listed for lease. It has been on the market for 26 days. Compare it against other retail listings for lease in New Haven, CT — <a href="/search/lease/retail/connecticut/new-haven">view the full market</a>.

As of Q4 2023, the Connecticut retail market showed a 4.1% vacancy rate, average asking rents near $24.47/SF/yr, and cap rates around 5.8%. Source: Consensus Q4 2023 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Connecticut?
About 5.8% as of Q4 2023, per Consensus.
Is the Connecticut retail market tightening or softening?
Vacancy is around 4.1% (Q4 2023).

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