Cap Rate Analysis: Active Listings
Connecticut's active commercial real estate listings show cap rate variation by property type and location. This analysis examines 135 active listings with reported cap rates across five primary property types and six leading cities, as of November 13, 2026.
Cap Rates by Property Type
Median cap rates for all active CT listings with an asking cap rate (n=135):
| Property Type | Count | Median Cap Rate | Average Cap Rate |
|---|---|---|---|
| Multifamily | 66 | 7.67% | 7.77% |
| Retail | 26 | 7.39% | 7.53% |
| Commercial | 17 | 7.21% | 7.19% |
| Office | 15 | 8.03% | 8.46% |
| Industrial | 10 (small sample) | 6.50% | 6.93% |
Multifamily represents the largest segment by listing count (66 of 135). Retail and commercial follow with 26 and 17 listings respectively. Office and industrial show smaller sample sizes with 15 and 10 listings.
Cap Rates by City
Median cap rates for the six cities with the highest active listing counts (match ",
| City | Count | Median Cap Rate | Average Cap Rate |
|---|---|---|---|
| Hartford | 20 | 8.28% | 8.34% |
| Waterbury | 13 (small sample) | 8.00% | 8.07% |
| New Haven | 13 (small sample) | 7.44% | 7.34% |
| Bridgeport | 12 (small sample) | 7.50% | 7.65% |
| New Britain | 7 (small sample) | 7.50% | 7.29% |
| Norwalk | 6 (small sample) | 7.48% | 7.42% |
Hartford shows 20 active listings using exact city matching. Hartford and Waterbury show the highest median cap rates at 8.28% and 8.00% respectively.
Closed Sales: Price per Square Foot by Property Type
Median price per square foot for closed sales in the last 12 months ($5–$2,000/SF range):
| Property Type | Sales Count | Median $/SF | Average $/SF |
|---|---|---|---|
| Multifamily | 475 | $173 | $210 |
| Retail | 84 | $195 | $257 |
| Office | 47 | $101 | $155 |
| Industrial | 56 | $96 | $115 |
Multifamily sales account for 475 of closed comps in the 12-month sample. Retail shows the highest median sale price at $195/SF. Industrial shows the lowest median at $96/SF.
Opportunity Zone Eligibility
78.5% of active Connecticut listings with reported cap rates qualify for opportunity zone treatment, based on U.S. Census tract designation and Northeast Deal Intel's tract matching.
How We Calculate This
This analysis draws from Northeast Deal Intel's commercial real estate database of active listings and closed sales in Connecticut. Median cap rates are extracted from listing data where reported by brokers; we exclude news items, portfolio listings, and cap rates outside the 1–20% range. City matching uses exact address patterns (matching ",
Data as of November 13, 2026
Active listings with cap rates: 135 Closed comps (12 months): 654 Opportunity zone eligibility includes 10,800+ properties
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