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Industrial Building For Lease
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251 Newfield Ave, Hartford, CT 06106

Industrial building for lease in West Hartford, Connecticut.

Space Size30,000 SF
Lot Size2.00 Acres
Days on Market803

Property Features for 251 Newfield Ave

General Information

Standard status Active
Size 30,000 SF
Lot size 2.00 Acres
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 30,000 SF
Year Built 1960
Tenancy Single

Spaces For Lease

at 251 Newfield Ave Contact us

Available Space

Size
30,000 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Colliers - Hartford, Connecticut
Listed By: Nicholas Morizio · License #CT REB.0480628
Source: Crexi
Added: Jun 24, 2024 Changed: Sep 2 Last Checked: Sep 3 at 7:13AM

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, Connecticut

Investment Insights

Based on property information with market context.

An approximately 30,000 square foot industrial building is available for lease on approximately 2 acres in West Hartford, Connecticut. The property is undergoing a total renovation, including a new roof, mechanical system, and parking lot.

Key Highlights

  • Total renovation underway: new roof, mechanical system, and parking lot.
  • ±30,000 sf industrial building for lease.
  • Located in West Hartford, CT.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hotel & Motel Parking Lot & Garage

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
$0.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

802
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 Hartford, CT

$9.89 /SF/Yr
Avg Asking Price
$6.75–$18.6 /SF/Yr
Price Range
38,603 SF
Avg Space Size

This space is priced 44% below the average of $9.89 /SF/Yr.

Vacancy Rate% for Industrial in Hartford, CT

5% 2019
3.9% 2020
5.8% 2021
4% 2022
5.4% 2023
4% 2024
4.5% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building for lease in West Hartford, Connecticut.
Where is this warehouse located?
The property is located at 251 Newfield Ave Hartford, CT.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Total renovation underway: **new roof, mechanical system, and parking lot.**; ±30,000 sf industrial building for lease.; Located in West Hartford, CT.
(860) 616-4022 Call to check price and availability
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