830 Farmington Ave, West Hartford, CT 06119

This exceptional Class A, 29,550 square foot retail and medical office property in West Hartford, CT, presents a compelling investment opportunity. Located at 830 Farmington Avenue, this shopping center/medical office building boasts a strong net operating income (NOI) of $400,000, representing a 10%+ capitalization rate. The asking price is $4,000,000. Situated on a 0.68-acre lot, the property offers ample parking. Currently occupied by a long-term tenant (45 years), the building benefits from a BC zoning designation, allowing for diverse future uses. The property enjoys high visibility and significant foot traffic in a thriving West Hartford location, close to major highways (Interstates 84 and 95), Hartford's city center (6 miles), and numerous upscale retailers, including Whole Foods. The West Hartford retail submarket shows positive growth, with rents exceeding $40 per square foot (NNN), a 2.4% increase over the past year, and vacancy rates below the three-year average. The broader Hartford metro area also demonstrates robust economic performance, with a significant year-over-year job growth. West Hartford's appeal is further enhanced by its excellent public schools and proximity to several universities, including the University of Saint Joseph, University of Hartford, UConn Law School, UConn Med School, and Trinity College. This property offers a blend of stability and growth potential in a desirable location.