New Haven, Connecticut, offers a unique opportunity for investors to capitalize on the city's diverse economy and rich cultural heritage. With 6 warehouses for sale, New Haven presents an attractive option for those looking to invest in industrial properties. Warehouses in New Haven can represent a range of investments, from small, owner-operated facilities to large, multi-tenant properties. As a hub for education and healthcare, New Haven's warehouses are well-positioned to serve the needs of these industries, with proximity to Yale University and several major hospitals. The city's infrastructure, including its power supply facilities, transportation networks, and amenities like Union Station, make it an ideal location for warehouse operations. Additionally, New Haven's commitment to clean energy and sustainability is evident in its use of fuel cells and solar panels, making it an attractive option for environmentally conscious investors. With its rich history, cultural attractions, and strong economy, New Haven is a great place to do business and travel, with attractions like the New Haven Jazz Festival and the International Festival of Arts and Ideas drawing visitors from around the world.
New Haven's warehouses are situated in a city that is home to a diverse range of industries, including services, trade, and finance and real estate. The city's economy is driven by major employers like Yale University, Yale – New Haven Hospital, and Southern Connecticut State University, as well as companies like Assa Abloy lock manufacturing and Alexion Pharmaceuticals. In addition to warehouses, New Haven offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in New Haven are well-suited to serve the city's manufacturing and logistics needs, while land offers opportunities for development and growth. Residential income homes provide a steady stream of revenue, and commercial real estate offers a range of options for businesses and investors. With its unique blend of history, culture, and economic opportunity, New Haven is a city that has something to offer for everyone.
What are the key features investors look for in warehouses in New Haven?
When searching for warehouses in New Haven, investors typically look for key features that ensure a strong return on investment, including:
- Location, with proximity to major transportation facilities like Union Station, Interstate 95, and Interstate 91, as well as access to the New Haven Harbor, being highly desirable;
- Size and layout, with an average size of 28,528 square feet and a maximum size of 65,000 square feet, as well as flexible layouts to accommodate various business needs;
- Price and cap rate, with an average price per square foot of $90 USD and an average cap rate of 5.25%, offering a competitive return on investment.
What size warehouses are available to buy in New Haven?
Warehouse buyers in New Haven can explore a range of options, with available listings totaling 6, featuring average sizes of 28,528 square feet, with the largest property spanning 65,000 square feet.
How much does it cost to buy a warehouse in New Haven?
When it comes to buying a warehouse in New Haven, the cost can vary depending on factors such as size, location, and condition, but based on current listings, the average price per square foot is $90 USD, with an average size of 28,528 square feet, and an average cap rate of 5.25%, with a total of 6 available listings to choose from, ranging in size from smaller options to larger facilities like 65,000 square feet.
