Medical Office
For Lease
Contact for pricing
1 Forest Rd, W Haven, CT 06516
Renovating multi-level office building with on-site parking, previously a library, adjacent to University Commons.
Property Size6,758 SF
Days on Market438
Property Features for 1 Forest Rd
General Information
Standard status
Active
Size
6,758 SF
Property subtype
OFFICE
Lease Type
SF/yr
Building Details
Stories
3
Listing Agency:
Acorn Group
(203) 562-6422
Listed By:
Michael DiMartino
Source:
Moodyscre
Added: May 19, 2025
Changed: Jul 25
Last Checked: Jul 25 at 3:18AM
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 Acorn Group
Investment Insights
Based on property information with market context.
The Chester is a former library property totaling 21,000 square feet across three levels, currently being renovated and updated for medical and commercial office use. Multiple office spaces are available within the building.
The property is located adjacent to University Commons, and parking is available on site for tenants and visitors.
For renters seeking a medical or office setup within a building undergoing updates, The Chester offers a multi-level configuration that can accommodate a range of office layouts.
The property is located adjacent to University Commons, and parking is available on site for tenants and visitors.
For renters seeking a medical or office setup within a building undergoing updates, The Chester offers a multi-level configuration that can accommodate a range of office layouts.
Key Highlights
- Former library building being renovated and updated for medical/commercial/office use across 3 levels
- Approx. 21,000 SF multi‑level building adjacent to University Commons
- On‑site parking available
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Explore this area
Business Placement
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
Market
Lease Benchmarks for W Haven, CT
$19.84 /SF/Yr
Avg Asking Price
$1.75–$78.08 /SF/Yr
Price Range
4,905 SF
Avg Space Size
This space is priced 24% below the average of $19.84 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Renovating multi-level office building with on-site parking, previously a library, adjacent to University Commons.
Where is this office units located?
The property is located at 1 Forest Rd W Haven, CT.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Former library building being renovated and updated for medical/commercial/office use across 3 levels; Approx. 21,000 SF multi‑level building adjacent to University Commons; On‑site parking available
