West Hartford, CT
Commercial Real Estate Market Trends & Data

$164 Avg asking sale price
$21 Avg asking lease rate
11,070 SF Avg unit lease size
49,702 SF Avg building size for sale
8.58% 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%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near West Hartford, CT

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
West Hartford $159 45,532 SF 12.21%
Hartford $153 40,884 SF 12.21%
Farmington $176 10,276 SF 6.63%
Avon $206 19,306 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
West Hartford $307 18,978 SF
Hartford $287 13,922 SF
Farmington $161 10,856 SF
Avon $1,021 30,063 SF
Newington $125 21,187 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
West Hartford $114 32,855 SF 12.64%
Hartford $118 32,794 SF 12.64%
New Britain $144 47,891 SF 8.17%
Bloomfield $101 44,701 SF 12.64%

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

22 Waterville Rd

Avon, CT 06001

  • 53,313 SF Office Building
  • Price Upon Request
For Sale

600 Wethersfield Ave

Hartford, CT 06114

  • 8,823 SF Multifamily
  • $1,450,000
For Sale

5 Waterville Rd

Farmington, CT 06032

  • 3,512 SF Office Building
  • 6.63% Cap Rate
  • $899,900
For Sale

815 N Mountain Rd

Newington, CT 06111

  • 25,949 SF Industrial Building
  • $1,660,000
For Sale

481 New Park Ave

West Hartford, CT 06110

  • 0.39 AC Lot
  • 1 Commercial Lot
  • $599,999
For Sale

W End Multifamily Redevelopment Opportunity

Hartford, CT 06105

  • 24,594 SF Multifamily
  • $925,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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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 $164 49,702 SF
Hartford $163 45,022 SF
Farmington $157 18,811 SF
Avon $501 22,600 SF
Newington $127 52,562 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.

Nearby Market Trends