Building Details

Tenancy Single

Listing Agency: Tower Realty Corporation m***@towercorp.com Show Phone

Listed By: Joe Dimyan · License #CT 0811098

Source: Crexi

Added: Mar 16 Changed: Aug 17 Last Checked: Aug 20 at 10:11PM

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Investment Insights

Based on property information with market context.

This industrial property offers space for rent suitable for a single tenant. The available area ranges from 20,000 to 30,000 square feet.

Key Highlights

• Industrial property
• Single tenant
• 20,000 SqFt - 30,000 SqFt

Property Analytics

Property Profile

Current Use

Coast To Coast Logistics ... Trucking Company MKM Transportation Services ... Freight Service JDM Racing Motors ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Dental Office Pharmacy

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

$0.90 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

671

Businesses Nearby

Explore this area Business Placement

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

$10.05 /SF/Yr

Avg Asking Price

$6.75–$18.6 /SF/Yr

Price Range

38,737 SF

Avg Space Size

This space is priced 40% below the average of $10.05 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial single tenant space available for lease.

Where is this industrial property located?

The property is located at 263 Park Ave East Hartford, CT.

What is the lease rate?

The lease rate is $6 SF/Yr.

What are key features of this property?

This property features: Industrial property; Single tenant; 20,000 SqFt - 30,000 SqFt