Upland Property Advisors, as exclusive agent, is pleased to present the opportunity to acquire 6–10 Spruce Street, a 5.21-acre (226,948 SF) surface parking lot strategically
located in Downtown Hartford, Connecticut. The property is currently net-leased through January 2029 to Hartford Fire Insurance Company (“The Hartford”), an A+ credit
Fortune 500 company, offering investors stable in-place cash flow backed by a highly established and financially robust national corporation.
In addition to its ongoing use as an income-generating parking facility, the site offers compelling repositioning or redevelopment potential, supported by flexible CX-1 zoning
that permits a broad range of commercial, light industrial, service, and residential uses.
As a residential multifamily site, the property may be developed up to approximately
680,000 square feet.
As the capital of Connecticut, Hartford serves as the state’s political and economic center and is exceptionally well-positioned for transportation and regional access. The
site provides immediate access to both I-84 and I-91 and is adjacent to Union Station, offering Amtrak railroad service and regional bus transit – providing direct connectivity
to New York City, Boston, and other major metropolitan areas throughout the Northeast.
In addition, Bradley International Airport – just 15 miles north of the property – offers a wide range of domestic and international flights, reinforcing the site’s value as a regionally connected, accessible location well-suited for a variety of uses.