SOLDRetail
Shoeb Ikram & Chandler Kelley Of The Gas Broker Facilitate Retail Sale In Norwalk For $3.35M
$3,350,000
$313/SF
Building Size
10,690 SF
Asset Type
Retail
Closing
Dec 10, 2025
AI
The property involved in this transaction is a retail asset located in Norwalk, comprising a total square footage of 10,690. The transaction concluded at a price of $3,350,000, resulting in a price per square foot of $313.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,350,000
- Square Footage: 10,690
- Price Per Square Foot: $313
- Market: Norwalk
Representatives from The Gas Broker, Shoeb Ikram and Chandler Kelley, were integral to this transaction, representing the seller in the deal.
Players
Norwalk Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93