Marcus & Millichap Brokers Sell Killingly, CT Industrial Property For $2.4M
SOLD
$2,400,000
+ 1
Connecticut
See Similar DealsIndustrial103,084 SF
Sold 02/23/2021
SOLD
Marcus & Millichap Brokers Sell Killingly, CT Industrial Property For $2.4M
90 Wauregan Road, Killingly, Danielson, CT, USA
See Similar DealsIndustrial103,084 SF
Sold 02/23/2021
+ 1
Summary
CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$23
Total Square Footage:103,084 SF
Transaction Type:Sale
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
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)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
Is there something missing? Send suggestions