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Unity Plaza 259-273 Barbour St 40,205 SF 100% Leased Retail Building Hartford, CT 06120 $4,600,000 ($114.41/SF) 9% Cap Rate



Executive Summary
Unity Plaza is a highly visible retail center just minutes from the I-91/I-84 interchange, providing direct access to downtown Hartford, nearby suburbs, and major commuter routes. Anchored by a diverse mix of national and local tenants including Dollar General, Bank of America, the U.S. Post Office, Hartford Public Library’s Barbour Branch, dining options, daycare, and a laundromat. The plaza generates steady foot traffic and reliable income. With 160 on-site parking spaces and a community-focused layout, it draws repeat visits from area residents and families. Located in a dense neighborhood undergoing revitalization and only 2 miles from downtown, Unity Plaza is well-positioned for long-term growth and investment stability.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
40,205 SF
Building Class
B
Year Built
1974
Price
$4,600,000
Price Per SF
$114.41
Cap Rate
9%
NOI
$414,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.30
Lot Size
3.11 AC
Zoning
B4 - Business
Parking
95 Spaces (2.36 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | HTFD-000239-000112-000045 | Improvements Assessment | $579,390 |
| Land Assessment | $462,700 | Total Assessment | $1,042,090 |
Property Taxes
Parcel Number
HTFD-000239-000112-000045
Land Assessment
$462,700
Improvements Assessment
$579,390
Total Assessment
$1,042,090
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Unity Plaza | 259-273 Barbour St
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