Listing Agency: CBRE | Boston

Listed By: Zack Mittelstadt · License #9579330 Show Phone

Source: Cbre

Added: Mar 27 Changed: Sep 13 Last Checked: Sep 13 at 5:01AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers retail space for rent. The property is suitable for single tenant occupancy. Available spaces range in size from 7,500 square feet to 24,711 square feet.

Key Highlights

• Retail property type
• Single tenant occupancy
• Available square footage ranges from 7,500 SqFt to 24,711 SqFt

Property Analytics

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Open Analytics

Current Use

Total Fitness Equipment (Bike/Boat/Book/etc) Store Santander Bank Bank ATM Atm Key Food Grocery & Convenience Store CSL Plasma Medical Clinic

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,323

Businesses Nearby

Explore this area Business Placement

Demographics for 06040, CT

35,676

Population

15,550

Households

2.3

Avg Household Size

39

Median Age

36%

College-Educated

93%

High-School Grad

16.9 sq mi

ZIP Area

2,111

Density / Sq Mi

$84,741

Median Household Income

$48,208

Median Earnings

$1,361

Median Rent

$238,900

Median Home Value

Market

Lease Benchmarks for Manchester, CT

$32.35 /SF/Yr

Avg Asking Price

$10–$43.2 /SF/Yr

Price Range

10,963 SF

Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space 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?

Retail space - Retail space available, ranging from 7,500 to 24,711 square feet.

Where is this retail space located?

The property is located at 425 Broad Street Manchester, CT.

What are key features of this property?

This property features: Retail property type; Single tenant occupancy; Available square footage ranges from **7,500 SqFt to 24,711 SqFt**