New Britain, Connecticut, is an ideal location for a Retail Space, offering a unique blend of history, industry, and culture. With a population of around 70,000, the city provides a diverse demographic makeup, including a large Polish population, making it an attractive location for businesses. The city's infrastructure, including Connecticut Route 9, I-84, and I-91, as well as CTfastrak for public transportation, ensures easy access to the city and its surroundings. Additionally, the presence of Central Connecticut State University and Charter Oak State College provides a steady flow of students and professionals, making it an excellent location for Retail Space For Lease. The city's motto, emphasizing the importance of industry, is reflected in its strong manufacturing and industrial sectors, with companies like Stanley Black & Decker, Gaffney, Bennett and Associates, and Tomasso Group based in the city. With its rich history, cultural attractions, and strong economy, New Britain is an excellent location for businesses looking to establish a Retail Space.
New Britain offers a range of property types, including 14 Retail Space listings available For Lease. With an average annual rent of $16 USD per square foot, and spaces ranging from 800 square feet to 14,400 square feet, there are options to suit various business needs. In addition to Retail Space, the city also offers Restaurants, Medical Offices, and Office Space, providing a diverse range of options for businesses. Restaurants in New Britain benefit from the city's strong cultural attractions, including the New Britain Museum of American Art and the Walnut Hill Rose Garden. Medical Offices in the city are well-positioned to serve the local population, with the Hospital of Central Connecticut providing nearby healthcare services. Office Space in New Britain offers a range of options, from small startups to large corporations, with companies like Stanley Black & Decker and Gaffney, Bennett and Associates based in the city. Overall, New Britain provides a unique blend of history, industry, and culture, making it an attractive location for businesses looking to establish a Retail Space or other property types.
What is the average cost per square foot for retail space in New Britain?
The average cost per square foot for retail space in New Britain is $16 USD per square foot, with an average size of 4,179 square feet and a maximum space size of 14,400 square feet available among the 14 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
In New Britain, Connecticut, anchor tenants play a significant role in influencing the surrounding retail space leases, as they attract a large customer base and create a draw for other businesses, resulting in increased foot traffic and a more desirable location for retailers, with 14 available listings of retail space, averaging $16 USD per square foot and ranging in size from 4,179 square feet to 14,400 square feet.
