For Sale
West Hartford, CT
Commercial Real Estate Market Trends & Data
$160 per SF
Avg asking sale price
$29 per SF
Avg asking lease rate
11,215 SF
Avg unit lease size
48,075 SF
Avg building size for sale
8.46%
Average cap rate
West Hartford's Demographic Profile
West Hartford has 25,112 households and a median income of $116,192, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 63,062 |
| # Households | 25,112 |
| Median age | 41 |
| Median household income | $116,192 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 7,879 |
| 5-year population change | -1% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Hartford | $136 | 41,372 SF | 10.00% |
| Hartford | $133 | 40,685 SF | 10.00% |
| Farmington | $177 | 11,135 SF | 6.63% |
| Avon | $203 | 19,306 SF | 7.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| West Hartford | $301 | 19,388 SF |
| Hartford | $300 | 14,361 SF |
| Farmington | $277 | 10,570 SF |
| Avon | $225 | 37,358 SF |
| Newington | $126 | 26,515 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Hartford | $114 | 32,855 SF | 12.64% |
| Hartford | $122 | 32,759 SF | 12.64% |
| Farmington | $67 | 35,453 SF | 8.00% |
| Newington | $141 | 97,532 SF | 7.09% |
| New Britain | $141 | 45,863 SF | 8.00% |
Commercial Properties For Sale in West Hartford
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Size For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether West Hartford pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| West Hartford | $160 | 48,075 SF |
| Hartford | $164 | 45,116 SF |
| Farmington | $164 | 22,016 SF |
| Avon | $162 | 23,596 SF |
| Newington | $158 | 50,122 SF |
Regional Demographic Comparison
This comparison places West Hartford alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in West Hartford or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| West Hartford | 63,062 | 25,112 | 41 | $116,192 | 2 | 7,879 | -1% |
| Newington | 29,272 | 12,169 | 45 | $94,404 | 2 | 2,747 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in West Hartford, CT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in West Hartford
View All Commercial Real Estate For Sale in West Hartford
Is West Hartford a good market for a first-time commercial real estate investor?
West Hartford offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in West Hartford?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in West Hartford. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in West Hartford?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for West Hartford. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does West Hartford compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to West Hartford. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for West Hartford acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in West Hartford, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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