Connecticut Commercial Real Estate Cap Rate Calculator

Calculate cap rates and net operating income for commercial properties in Connecticut. Compare your results against Connecticut's primary market benchmarks sourced from CBRE H2 2025.

Connecticut Market Context

Primary Market

Connecticut benefits from its proximity to New York City, with Stamford serving as a major financial services hub. The state has experienced population and corporate outmigration in recent decades, but Fairfield County (Greenwich, Stamford) remains attractive for high-net-worth investors. Defense manufacturing (Electric Boat, Pratt & Whitney) supports industrial demand.

Property TypeTypical Low %Typical High %
Multifamily5.0%6.5%
Industrial5.5%7.0%
Retail6.0%8.0%
Office7.0%9.5%

Benchmarks sourced from CBRE H2 2025 Cap Rate Survey, JP Morgan, Matthews, and Cushman & Wakefield market data. Ranges represent typical stabilized assets — actual rates vary by asset quality, location, and market conditions.

Frequently Asked Questions

What are typical cap rates in Connecticut?

Connecticut cap rates range from 5.0–6.5% for multifamily, 5.5–7.0% for industrial, 6.0–8.0% for retail, and 7.0–9.5% for office. Fairfield County (Stamford/Greenwich) benefits from NYC proximity and tends toward lower rates, while Hartford and other inland markets are higher.

How does Connecticut's proximity to New York City affect cap rates?

Stamford and Fairfield County function as an extension of the NYC metro, attracting hedge funds and financial services firms. This proximity compresses cap rates in those markets significantly compared to Hartford or New Haven, which operate more independently.

What sectors drive Connecticut commercial real estate?

Key sectors include financial services (Stamford/Greenwich), defense/aerospace manufacturing (Electric Boat submarines, Pratt & Whitney engines), higher education (Yale), and healthcare. Industrial properties near Bradley International Airport and I-91 corridors attract logistics users.

This tool is for informational and educational reference only and does not constitute real estate investment advice. Cap rate benchmarks are estimates based on published industry surveys and may not reflect current conditions in your specific market, submarket, or asset class. Actual cap rates vary significantly based on property condition, location, tenant quality, lease terms, and local market dynamics. Always consult a licensed commercial real estate broker, appraiser, or investment advisor before making real estate investment decisions.