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Granite and Glass Office Building
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700 State St, New Haven, CT 06511

Mixed-use building near downtown New Haven transit and dining, featuring red granite facade and black glass curtain walls.

Property Size2,584 SF
Days on Market1311

Property Features for 700 State St

General Information

Standard status Active
Size 2,584 SF
Property subtype OFFICE
Listing Agency: Acorn Group
Listed By: David Hansen
Source: Moodyscre
Added: Dec 27, 2022 Changed: Jul 25 Last Checked: Jul 30 at 2:16PM

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 Acorn Group

Investment Insights

Based on property information with market context.

Granite Square is a mixed-use commercial building offering office space within a distinctive exterior of red granite facade and black glass curtain walls. The property rises from the intersection of Trumbull and State St, forming a prominent presence at the edge of the Whitney-Audubon arts district in downtown New Haven.

The building is positioned within walking distance of art museums and restaurants along Whitney Avenue and Audubon St, with additional dining options along the State Street corridor. It is also blocks from Yale University and within walking distance to the Metro-North/Shoreline East New Haven State St. Station. An on-site tenant, Cast Iron Chef Chop House and Oyster Bar, adds a dining option directly at the property.

Key Highlights

  • 65,000 SF mixed‑use commercial building at the intersection of Trumbull St and State St in downtown New Haven
  • Red granite facade with black glass curtain walls
  • On‑site Cast Iron Chef Chop House and Oyster Bar

Property Analytics

Current Use

D'Elia Gillooly DePalma ... Law Firm DeLio Peterson & Curcio, ... Law Firm D'Elia Gillooly Depalma ... Law Firm Agent Au Pair, ... Daycare Center Invoice Factoring New ... Business Management Consultant

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Butcher Nursing Home Florist

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,077
Businesses Nearby

Demographics for 06511, CT

55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
Median Home Value

Market

Lease Benchmarks for New Haven, CT

$20.09 /SF/Yr
Avg Asking Price
$17–$24 /SF/Yr
Price Range
5,177 SF
Avg Space Size

This space is priced 8% below the average of $20.09 /SF/Yr.

Vacancy Rate% for Office in New Haven, CT

11.9% 2019
12.4% 2020
17.7% 2021
18.8% 2022
18.7% 2023
16.5% 2024
17.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Mixed-use building near downtown New Haven transit and dining, featuring red granite facade and black glass curtain walls.
Where is this office building located?
The property is located at 700 State St New Haven, CT.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: 65,000 SF mixed‑use commercial building at the intersection of Trumbull St and State St in downtown New Haven; Red granite facade with black glass curtain walls; On‑site Cast Iron Chef Chop House and Oyster Bar
(203) 562-6422 Call to check price and availability
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