841 Enfield Street presents investors with the perfect NNN opportunity in Enfield. The three-tenant retail strip center rings in at an impressive 7,790 square feet spread across 1.33 acres. Built in 2015, the single-story property has been meticulously maintained. There are little capital expenditures needed for this asset due to its recent construction. In 2020, the parking lot was repaired, and the medical spa tenant invested $300,000 into their space, demonstrating a long-term commitment to the site. This investment is attractive to investors due to the NNN leases in place minimizing landlord responsibilities. Tenants are reimbursed for CAM, insurance, taxes, and management. Landlord responsibilities are limited to maintaining and repairing the exterior of the premises. This creates the ideal, low-management investment for a passive investor. 
 
The Enfield Retail Submarket is the perfect place for investors to enter. Vacancy in the submarket is low at 4.2% compared to the five-year average of 6.3%. The Enfield retail submarket has roughly 670,000 square feet of space listed as available. As of the fourth quarter of 2024, there is no retail space under construction in Enfield. In comparison, the submarket has averaged 11,000 square feet of under-construction inventory over the past 10 years. Rents in the retail sector have edged up by 1.2% year-over-year in Enfield compared to a change of 0.8% across Hartford as a whole.
 
Enfield benefits from being a part of the larger Hartford, Connecticut, retail landscape. According to the latest preliminary data released by the Bureau of Labor Statistics (BLS), metropolitan Hartford's labor market continued to expand in June, bringing seasonally adjusted payrolls to 589,200. On a year-over-year basis, this represents a 7,800-job expansion in Hartford's workforce. 841 Enfield Street is a perfectly poised retail asset in Enfield. Situated near the signalized hard corner intersection of Enfield Street and N Main Street/Elm Street the property is highly visible. The asset is located less than a mile from the on/off ramp access to Interstate 91. Fronting Enfield Street, one of the primary thoroughfares seeing over 14,600 vehicles per day. There is plenty of nearby retail, ranging from local establishments to national chains, including Chick-fil-A, Subway, Costco, Target, The Home Depot, ShopRite, and others. 
 
841 Enfield Street is the perfect NNN, hand-off investment in the booming town of Enfield. 
 
Property tours are available by appointment only. Please contact the listing broker to schedule.