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Two-Tenant Storefront Property
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165 E Main St, New Britain, CT 06051

Recently constructed retail building with established retail and dental occupants under long-term NNN leases.

Property Size4,200 SF
Lot Size0.43 Acres
Days on Market145

Property Features for 165 E Main St

General Information

Standard status Active
Size 4,200 SF
Lot size 0.43 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 32,000 vehicles/day
Road Access Yes
Public Transit Yes

Additional Details

Office Units 2

Building Details

Year Built 2018
Buildings 1
Building Size 4,200 SF
Tenancy Multi
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Seth Richard · License #NY 10401275108
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 12:20AM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

Located at 165 E Main St in New Britain, Connecticut, this two-tenant storefront property contains 4,200 square feet on a 0.43-acre lot. Completed in early 2018, the building is occupied by a T-Mobile retail operator and an established regional dental center. The leases are structured on a triple-net basis, with the tenants responsible for taxes, insurance, and common area maintenance. The retail lease runs for 7 years with two five-year renewal options, while the dental center lease runs for 15 years with two five-year options. Contractual increases apply during the option periods and at five-year intervals under the respective agreements.

The property shares access and parking with 135 East Main Street, home to AFC Urgent Care. It is positioned across from New Brite Plaza, anchored by Marshalls and Save-A-Lot, and near additional national and regional retailers. Main Street and Martin Luther King Drive provide combined exposure to over 32,000 vehicles per day, while nearby Routes 9 and 72 report average traffic counts over 80,000 and 60,000 vehicles per day, respectively. The property is also across from the CTfastrak downtown New Britain terminal and near Central Connecticut State University and The Hospital of Central Connecticut.

Key Highlights

  • 4,200‑square‑foot two‑tenant building on a 0.43‑acre lot
  • Completed in early 2018
  • Triple‑net leases with tenant responsibility for taxes, insurance and common area maintenance

Property Analytics

Current Use

Matulis Jr John ... Law Firm Mc Quillan Martin Law Firm Charter Oak Dental Dental Office Quality Homemakers Inc. Home Health Care Service Lopa Shah Dental Office

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Storage Facility Spa & Massage Center Garden Center Parking Lot & Garage

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

2
Office units
32,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,494
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06051, CT

31,134
Population
13,798
Households
2.3
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
4.1 sq mi
ZIP Area
7,594
Density / Sq Mi
$48,682
Median Household Income
$32,768
Median Earnings
$1,100
Median Rent
$198,300
Median Home Value

Market

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
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Similar Off Market Nearby

  • New Leaf Florist 45 Burritt St, New Britain, CT 06053
  • Teresa's Herbs & Flowers 292 Broad St, New Britain, CT 06053
  • Red And Black Roses LLC 180 Broad St, New Britain, CT 06053

Frequently Asked Questions

What type of property is this?
Storefront property - Recently constructed retail building with established retail and dental occupants under long-term NNN leases.
Where is this storefront property located?
The property is located at 165 E Main St New Britain, CT.
What are key features of this property?
This property features: 4,200‑square‑foot two‑tenant building on a 0.43‑acre lot; Completed in early 2018; Triple‑net leases with tenant responsibility for taxes, insurance and common area maintenance
More about this property
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