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Renovated Office Building For Lease
For Lease
$17 SF/Yr

225 Pitkin Street, East Hartford, CT 06108

Recently renovated 17,500 SF office building in Founders Business Park.

Space SizeContact for details
Lot Size1.63 Acres
Days on Market149

Property Features for 225 Pitkin Street

General Information

Standard status Active
Lot size 1.63 Acres
Property subtype Office
Listing Agency: CBRE - Stamford
Listed By: Gary Schless · License #RES.0758685
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 20 at 12:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Stamford

Investment Insights

Based on property information with market context.

This is a 17,500 SF office building situated on 1.63 acres. The building has been recently renovated with updated common areas and Class A finishes. Located at 225 Pitkin Street in the Founders Business Park, it offers convenient access to Interstate 84 and Route 2, and is minutes from downtown Hartford and Interstate 91. There are 66 parking spaces available, providing a ratio of 3.8 spaces per 1,000 SF. Some furniture, including desks and cubicles, may be available as part of the deal. The building is available for lease.

Key Highlights

  • Recently renovated 17,500 SF office building with Class A finishes.
  • Excellent accessibility to Interstate 84 and Route 2.
  • Located in Founders Business Park, minutes from downtown Hartford and Interstate 91.

Property Analytics

Current Use

Albertus Magnus College College Money Management International Financial Advisor Consumer Credit Counseling ... Financial Advisor Craig J Lubitski ... Accounting Firm CJLC Accounting Firm

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Locksmith Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Demographics for 06108, CT

24,201
Population
9,963
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
85%
High-School Grad
8.1 sq mi
ZIP Area
2,988
Density / Sq Mi
$55,766
Median Household Income
$35,801
Median Earnings
$1,161
Median Rent
$218,800
Median Home Value

Market

Lease Benchmarks for East Hartford, CT

$14.67 /SF/Yr
Avg Asking Price
$7–$23 /SF/Yr
Price Range
33,111 SF
Avg Space Size

This space is priced 16% above the average of $14.67 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Recently renovated 17,500 SF office building in Founders Business Park.
Where is this office building located?
The property is located at 225 Pitkin Street East Hartford, CT.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Recently renovated 17,500 SF office building with Class A finishes.; Excellent accessibility to Interstate 84 and Route 2.; Located in Founders Business Park, minutes from downtown Hartford and Interstate 91.
More about this property
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