Retail Business for Sale in Hartford, CT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Hartford, CT 06103

Description

1,600 SF Prime Retail Office Space for Lease Prime retail space on the main thoroughfare of Trumbull Street in downtown Hartford. Trumbull Street is one of Hartford’s primary retail destinations stretching from Dunkin' Park baseball stadium to Bushnell Park and passes three of the city’s prominent office towers and seven residential developments.

Market Context

This retail in Hartford, CT is listed for sale. It has been on the market for 164 days. Compare it against other retail listings for sale in Hartford, CT — <a href="/search/sale/retail/connecticut/hartford">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

$92.51/SF – $125.17/SF

Mid: $108.84/SF

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

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