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East Granby Mixed-Use Development Project
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81 Rainbow Rd, East Granby, CT 06026

Mixed-use development opportunity near Bradley International Airport.

Space Size125,000 SF
Lot Size23.50 Acres
Days on Market630

Property Features for 81 Rainbow Rd

General Information

Standard status Active
Size 125,000 SF
Lot size 23.50 Acres
Property subtype Retail, Office, Land

Building Details

Tenancy Multiple

Spaces For Lease

at 81 Rainbow Rd Contact us

Available Space 1

Size
125,000 SF
Type
Land, Office, Retail
Availability
Active
Contact us
Listing Agency: Development Associates
Listed By: Ken Vincunas · License #MA 137045
Source: Crexi
Added: Dec 9, 2024 Changed: Aug 11 Last Checked: Aug 28 at 11:24PM

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 Development Associates

Investment Insights

Based on property information with market context.

Gateway Crossing is a mixed-use development project in East Granby, CT. The development includes two sites, one of 5 acres and another of approximately 18.5 acres. These sites can support over 125,000 square feet of building space. The property is located on Connecticut Route 20, a high-traffic road, and is situated one mile from Bradley International Airport. Zoned as Commerce Park Transitional, the sites are suitable for a variety of uses including retail, restaurant (with drive-through options), medical and general office space, residential, hospitality, research and development, and industrial or warehousing purposes. The project is currently in the design phase, offering opportunities to tailor sites for early, significant users.

Key Highlights

  • Prime location on highly traveled CT Route 20, just 1 mile from Bradley International Airport.
  • Flexible Commerce Park Transitional zone allows for diverse uses: retail, restaurant, medical, office, residential, hospitality, R&D, and industrial/warehousing.
  • Significant development potential with over 125,000 Sq Ft of building space possible across two sites (5 acres and ±18.5 acres).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Garden Center Furniture & Home Goods 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

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 06026, CT

5,177
Population
2,115
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
17.6 sq mi
ZIP Area
294
Density / Sq Mi
$122,764
Median Household Income
$61,225
Median Earnings
$1,181
Median Rent
$354,400
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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Frequently Asked Questions

What type of property is this?
Commercial land - Mixed-use development opportunity near Bradley International Airport.
Where is this commercial land located?
The property is located at 81 Rainbow Rd East Granby, CT.
What are key features of this property?
This property features: Prime location on highly traveled CT Route 20, just 1 mile from Bradley International Airport.; Flexible Commerce Park Transitional zone allows for diverse uses: retail, restaurant, medical, office, residential, hospitality, R&D, and industrial/warehousing.; Significant development potential with **over 125,000 Sq Ft of building space possible** across two sites (5 acres and ±18.5 acres).
More about this property
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