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
Bridgeport 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
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93