Retail Business for Lease in New Haven, CT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New Haven, CT 06515
  • Size: 14,000 SF
  • Year built: 1967

Description

As exclusive broker, EAC Properties proudly presents 1460 Whalley Ave, New Haven, CT. 3 contiguous spaces are available totaling 4,967 SF or minimum space of 1,521 SF with hood available in this neighborhood center located at one of the most highly trafficked signalized intersections for drivers looking to access New Haven. Owner will deliver vanilla box sixty days from contract execution. .​ The owner is flexible on use and terms.​ An existing hood is being replaced, and food use is preferred for at least a portion of the available space.​ Building SF: 14000 | Land Size: 0.92 Ac | Year Built: 1967 | Listing Type: FOR LEASE

Market Context

This retail in New Haven, CT is listed for lease across 14,000 SF. The building dates to 1967. It has been on the market for 23 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).

Unified Estimate

Medium Confidence

$1.73/SF/mo – $2.35/SF/mo

Mid: $2.04/SF/mo

Total estimate for 14,000 SF: $28,560

Rate estimator only; cost-of-business estimate unavailable.

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