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Leased Warehouse
For Lease
$1,299,500

453 New Park Ave, West Hartford, CT 06106

Fully occupied industrial building with a 5-year lease currently in place.

Space SizeContact for details
Days on Market12

Property Features for 453 New Park Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $14,040
Listing Agency: The Property Shop CT
Listed By: Cynthia J. Rodriguez · License #REB.0789175
Source: Exprealty
Added: Aug 20 Changed: Aug 31 Last Checked: Aug 31 at 1:17AM

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 The Property Shop CT

Investment Insights

Based on property information with market context.

This 10,000-square-foot warehouse is fully leased to an established tenant under a 5-year lease. The existing occupancy and lease structure provide a defined operating framework for the property, while the building’s warehouse configuration supports continued industrial use.

The layout may accommodate a second floor, subject to municipal approvals, zoning requirements, and all required permits. Any expansion would need to be evaluated through the applicable review process and could create additional leasable area if approved. The property is located at 453 New Park Ave in West Hartford, Connecticut.

Key Highlights

  • 10, 000 SF warehouse
  • Fully leased to an established tenant
  • 5‑year lease in place

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Law Firm Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby
Balanced
Demand for This Use

Demographics for 06106, CT

38,036
Population
16,938
Households
2.2
Avg Household Size
33
Median Age
17%
College-Educated
70%
High-School Grad
4.2 sq mi
ZIP Area
9,056
Density / Sq Mi
$47,542
Median Household Income
$31,395
Median Earnings
$1,237
Median Rent
$201,600
Median Home Value

Market

Lease Benchmarks for West Hartford, CT

$9.1 /SF/Yr
Avg Asking Price
$6.75–$18.6 /SF/Yr
Price Range
40,766 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Connecticut Self Storage 47 Chelton Ave, West Hartford, CT 06110
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  • Daley Moving 39 Talcott Rd, West Hartford, CT 06110
  • Life Storage 580 New Park Ave, West Hartford, CT 06110

Frequently Asked Questions

What type of property is this?
Warehouse - Fully occupied industrial building with a 5-year lease currently in place.
Where is this warehouse located?
The property is located at 453 New Park Ave West Hartford, CT.
What is the lease rate?
The lease rate is $1,299,500.
What are key features of this property?
This property features: 10, 000 SF warehouse; Fully leased to an established tenant; 5‑year lease in place
More about this property
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