Marcus & Millichap Brokers Sell Killingly, CT Industrial Property For $2.4M
90 Wauregan Road, Killingly, Danielson, CT, USA
$2,400,000
$23/SF
Building Size
103,084 SF
Asset Type
Industrial
Closing
Feb 22, 2021
AI
Located at 90 Wauregan Road in Killingly, CT, this industrial property was recently sold on February 23, 2021. The property encompasses a total area of 103,084 square feet, with a sale price of $2,400,000. This results in a price per square foot of $23. Situated on 5 acres of land, the property has an approximate value of $480,000 per acre.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,400,000
- Address: 90 Wauregan Road, Killingly, CT
- Market: Killingly, CT
- Square Footage: 103,084
- Price per Square Foot: $23
- Acreage: 5
- Price per Acre: $480,000
The successful sale of this industrial property was facilitated by Marcus & Millichap, with Harrison Klein, Laurie Ann Drinkwater, Seth J. Richard, and John Krueger representing the transaction.
Players
Danielson 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93