Marketing Research Park Sells Suffield, CT Industrial Property For $10.6M With Amodio & Co. Real Estate
SOLD
$10,600,000
Connecticut
See Similar DealsIndustrial2,000,000 SF
Sold
SOLD
Marketing Research Park Sells Suffield, CT Industrial Property For $10.6M With Amodio & Co. Real Estate
100 Marketing Drive, Suffield, CT, USA
See Similar DealsIndustrial2,000,000 SF
Sold
Summary
CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$5
Total Square Footage:2000000 SF
Transaction Type:Sale
The industrial property located at 100 Marketing Drive in Suffield, CT has been sold for a price of $10,600,000. The property spans a total area of 200,000 square feet and was purchased at a rate of $53 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,600,000
- Address: 100 Marketing Drive, Suffield, CT
- Market: Suffield, CT
- Seller: Marketing Research Park
- Broker: Frank Amodio & Eric Amodio - Amodio & Co. Real Estate
The sale of the property was facilitated by Frank Amodio and Eric Amodio from Amodio & Co. Real Estate. The transaction was completed on 04/07/2021, and the property was acquired by the buyer, Marketing Research Park.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$565,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,659.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,249.41
Annual Debt Service$602,992.89
Is there something missing? Send suggestions