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75 Cascade Blvd, Milford, C...

Coldwell Banker Commercial Acquires Industrial Property In Milford, CT For $14.9M
SOLD

Coldwell Banker Commercial Acquires Industrial Property In Milford, CT For $14.9M

75 Cascade Blvd, Milford, CT, USA

$14,900,000

$99/SF

Building Size

150,000 SF

Asset Type

Closing

Aug 20, 2020

AI

Located in Milford, CT, the industrial property at 75 Cascade Blvd was recently sold for a total of $14,900,000. This transaction was facilitated by Chris O’Hara from Coldwell Banker Commercial. Spanning across 150,000 square feet, the property achieved a price per square foot of $99.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $14,900,000
  • Address: 75 Cascade Blvd, Milford, CT
  • Market: Milford, CT

Chris O’Hara, representing Coldwell Banker Commercial, played a pivotal role in the successful sale of this industrial asset. With its ample space of 150,000 square feet and a price per square foot of $99, this property offered an attractive investment opportunity.

Players

Chris OHara

Broker

$18.4M

vol

3 deals

Broker

Milford CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93