West Hartford Tenanted Office
1216 Farmington Ave West Hartford, CT
For Sale
Contact for pricing
Fully tenanted office building near West Hartford Center.
Property Size11,345 SF
Lot Size3.49 Acres
Price / SF$174.97
Days on Market382
Property Features for 1216 Farmington Ave
General Information
- Standard status
- Active
- Size
- 11,345 SF
- Lot size
- 3.49 Acres
- Property subtype
- OFFICE
Listing Agency:
Colliers - Hartford
(860) 616-4025
Listed By:
Sean Kumnick
Source:
Moodyscre
Added: Jul 9, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:56AM
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
Investment Insights
Based on property information with market context.
Located approximately one mile from West Hartford Center, the property at 1216 Farmington Avenue is a fully tenanted office building. It is situated on a site of approximately 3.47 acres with SD zoning. The building offers a variety of office spaces and leases. Current tenants include Hartford Dental Associates, Hopewell Health Solutions, Solinsky Hearing Center, Onyx Elite Consulting, and others. The location offers high visibility with a traffic count of 16,148 vehicles per day at the intersection of Farmington Avenue and Old Mill Lane. Building financials are available with a signed confidentiality agreement. The property may serve as both a stable investment and a covered land play on the corner of one of West Hartford’s busiest intersections. The building size is 11,345 square feet.
Key Highlights
- Prime location just one mile from West Hartford Center.
- High visibility at a busy intersection.
- Stable investment opportunity with fully tenanted office spaces.
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 |
11,345 SF · lease $27.00/SF/yr · vacancy 23.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.51M
$2.20M – $2.93M
NOI $175,978 @ 7.0% cap · market cap 8.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.38M
$2.96M – $3.95M
NOI $236,714 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hartford Dental Associates, ...
Dental Office
Therapeutic Massage Associates
Alternative Medicine Practice
Solinsky Hearing Center
Audiologist
Mrs. Jennifer Conboy
Physician
David Domenichini
Physician
FAQs
What type of property is this?
Office building - Fully tenanted office building near West Hartford Center.
Where is this office building located?
The property is located at 1216 Farmington Ave West Hartford, CT.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: Prime location just one mile from West Hartford Center.; High visibility at a busy intersection.; Stable investment opportunity with fully tenanted office spaces.
