1216 Farmington Ave, West Hartford, CT
Fully tenanted office building near West Hartford Center.
- Added:
- Jul 9, 2025
- Days on Market:
- 337
- Last Refresh:
- May 20 at 8:15 pm
Property Features for 1216 Farmington Ave
General Information
- Standard status
- Active
- Size
- 11,345 SF
- Lot size
- 3.49 Acres
- Property subtype
- OFFICE
Listing agent Sean Kumnick
Listing office Colliers - Hartford (860) 249-6521
Listing date Jul 9, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Hartford
HighLights
- Prime location just one mile from West Hartford Center.
- High visibility at a busy intersection.
- Stable investment opportunity with fully tenanted office spaces.
- Significant ±3.47 acre site.
- SD Zoning.
- High traffic count of 16,148 VPD on Farmington Ave & Old Mill Ln.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.3k | $27.00 |
| − Vacancy | −$71.7k | −$6.32 |
| EGI | $234.6k | $20.68 |
| − OpEx | −$58.7k | −$5.17 |
| NOI | $176.0k | $15.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.7643
- Latitude
- 41.7556
