0 Williams Blvd Cedar Rapids, IA 52404
The Highrailer, a new 2023 development at 283 Main Street in New Britain, CT's vibrant Downtown submarket, offers exceptional first-floor retail space. This single-building property boasts a total of 6,000 square feet currently available for lease, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 2,872 square feet. The building features three total suites, ideal for multiple tenants or a single large occupant. The property is situated in a high-visibility corner location, providing excellent exposure for businesses. Rental rates are $25 per square foot, plus an additional $5 per square foot to cover taxes, insurance, and common area maintenance (CAM). The versatile space is suitable for a variety of uses, including retail, medical, and restaurant establishments. This represents a unique opportunity to establish a presence in a thriving downtown area within a brand-new building. The Highrailer is part of a larger development project, complementing a sister building that opened in 2021. This prime location offers significant potential for growth and success. Contact us today to learn more about leasing opportunities and secure your space in this exciting new development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.