Updated Oct 28, 2024
DG One Parrott Shelton, LLC Acquires Industrial Property In Shelton, CT For $9M
1 Parrott Drive, Shelton, Connecticut 06484, United States
$9,000,000
$88/SF
Building Size
102,000 SF
Asset Type
Industrial
Closing
Jan 19, 2022
About this deal
AI
The industrial property located at 1 Parrot Dr in Shelton, CT has been sold for a price of $9,000,000. The property spans across 102,000 square feet and was acquired by DG One Parrott Shelton, LLC from Cambridge Hanover. The transaction was facilitated by Sean Cahill & Will Suarez from Avison Young.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,000,000
- Square Footage: 102,000
- Address: 1 Parrot Dr, Shelton, CT
- Market: Shelton, CT
Sean Cahill & Will Suarez from Avison Young represented the buyer and seller in the deal, showcasing their expertise in the industrial property market in Shelton, CT.
On the Map
$9,000,000
$88/SF
Industrial
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Players
Shelton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93