Glen Park Capital Partners LLC Acquires Commercial Property In Trumbull, CT For $4.4M
205 Spring Hill Rd, Trumbull, CT 06611
$4,400,000
$76/SF
Building Size
57,234 SF
Asset Type
Commercial
Closing
Aug 3, 2022
AI
The commercial property located at 205 Spring Hill Rd in Trumbull, CT has been sold for a price of $4,400,000. The property spans across 57,234 square feet, resulting in a price per square foot of $77. The transaction took place on 08/04/2022.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $4,400,000
- Address: 205 Spring Hill Rd
- Market: Trumbull, CT
Glen Park Capital Partners LLC, represented by Gary Tress, acquired the property from Trumbull Printing. The brokers involved in the deal were Sean Cahill and Judd McArthur from Avison Young.
Players
Trumbull Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93