Danbury, Connecticut, a city with a rich history dating back to 1685, offers a unique blend of colonial charm and modern amenities, making it an ideal location for retail space for lease. With its proximity to New York City, approximately 50 miles northeast, Danbury has evolved into a thriving commercial hub, attracting businesses and entrepreneurs alike. The city's infrastructure, including Interstate 84 and U.S. Route 7, provides easy access to major transportation routes, while the Danbury branch line of the MTA Metro-North Railroad and the Danbury Municipal Airport offer convenient commuter rail and air travel options. Additionally, the city's diverse economy, driven by healthcare, education, retail, and transportation, creates a strong demand for retail space, making it an attractive investment opportunity.
With 32 retail spaces for lease available, Danbury offers a range of options to suit various business needs. The average annual rent per square foot is $23 USD, with spaces ranging from 678 square feet to 54,000 square feet. In addition to retail space, Danbury also offers a variety of other property types, including restaurants, medical offices, and office space, each with its own unique characteristics and advantages. For instance, restaurants can benefit from the city's vibrant downtown district, while medical offices can leverage the proximity to Danbury Hospital. Office space, on the other hand, can capitalize on the city's strong transportation infrastructure and access to major highways. Overall, Danbury's diverse range of property types and amenities make it an attractive destination for businesses and investors alike.
What is the average cost per square foot for retail space in Danbury?
On average, retail space for lease in Danbury costs approximately $23 USD per square foot, with an average size of 5,290 square feet and a maximum space size of 54,000 square feet, among the 32 available listings.
How do anchor tenants affect surrounding retail space leases?
In Danbury, where there are currently 32 available retail space listings, anchor tenants have a significant impact on surrounding retail space leases, as they attract a high volume of foot traffic and create a desirable location for smaller retailers, ultimately driving up demand and rental rates, with the average annual rent per square foot being $23 USD and average space size being 5,290 square feet, with a maximum space size of 54,000 square feet.
