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    FOR LEASE
    Office buildings

    270 Farmington Ave, Farmington, CT 06032

    256,430 SF 14.17 ac lot Built 1973
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US15-0100171
    270 Farmington Ave, Farmington, CT 06032 For Lease
    $18 SF/Yr 15,000 SF available
    270 Farmington Ave, Farmington, CT 06032
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    Property summary
    AI-generated overview

    The Exchange, located at 270 Farmington Avenue in Farmington, Connecticut, 06032, offers 250,000 square feet of prime office space in a three-story mixed-use building. This exceptional property features flexible floor plans, with multiple suites available, ranging from a minimum of 500 square feet to a maximum contiguous space of 15,000 square feet. Currently, there are 29,000 square feet of vacant space ready for immediate occupancy. Many existing configurations are move-in ready, offering immediate solutions for businesses seeking efficient and modern office environments. The building's strategic location provides easy access to major transportation arteries, including Interstate 84 and Route 9, placing it within a half-mile radius of these key thoroughfares. Furthermore, its proximity to West Hartford Center, Blue Back Square, and Westfarms Mall offers employees and clients convenient access to a wide array of amenities and retail options. The asking lease rate is $18.50 per square foot gross. The building is situated near Farm Glen Blvd and offers a total of three suites.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1973
    Total area 256,430 SF
    Lot 14.17 ac (617,245 SF)
    Zoning code B1
    APN FARM M:0067 B:33
    UPID US15-0100171
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isaac Law Offices, LLC Law Firm
    • Quality Physical Therapy Physician
    • Counseling Affiliates Inc: Thaw Jack Physician Medical Clinic
    • Saksa John R Physician Medical Clinic
    • HairClub Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $11.18M
    Blend (final) Blend
    $12.53M
    Owner & transaction history
    Farmington Exchange LLC · 16 yrs held
    Farmington Exchange LLC
    since 2009
    2 recorded transactions
    2009
    $14.3M
    1987
    Zoning & alternative use
    B1 · Farmington, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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