Retail Business for Sale in Greenwich, CT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Greenwich, CT 06830
  • Size: 6,192 SF

Description

171-173 Greenwich Avenue - Available for sale

Market Context

This retail in Greenwich, CT is listed for sale across 6,192 SF. It has been on the market for 143 days. Compare it against other retail listings for sale in Greenwich, CT — <a href="/search/sale/retail/connecticut/greenwich">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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