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1730 Commerce Drive

Bridgeport Industrial Properties Sold For $4.85 Million With Broker Jon Angel Of Angel Commercial
SOLDIndustrial

Bridgeport Industrial Properties Sold For $4.85 Million With Broker Jon Angel Of Angel Commercial

1730 Commerce Drive & 1832 Commerce Drive

$4,850,000

$27/SF

Building Size

175,556 SF

Asset Type

Industrial

Closing

Jul 4, 2025

AI

The transaction involved the sale of two investment properties located at 1730 Commerce Drive and 1832 Commerce Drive in Bridgeport, CT. The properties total 3.79 acres and were sold for $4,850,000. This indicates an active interest from investors in the area's commercial market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,850,000
  • Address: 1730 Commerce Drive & 1832 Commerce Drive
  • Market: Bridgeport, CT
  • Acres: 3.79

Jon Angel from Angel Commercial represented the transaction, facilitating the deal through his brokerage firm, Angel Commercial, LLC. The successful closing reflects the growing demand for commercial properties in Bridgeport.

Players

Jon Angel

Angel Commercial

Broker

$46.5M

vol

13 deals

Broker
Angel Commercial
Angel CommercialBrokerage

Bridgeport Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.27%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93