Fuller Development & Spinnaker Real Estate Partners Acquire Office & Industrial Property In Wilton, CT For $3.7M
141 Danbury Road, Wilton, CT 06897, USA
$3,700,000
$78/SF
Building Size
47,040 SF
Asset Type
Office
Closing
Jul 27, 2020
AI
The property involved in this transaction is an office and industrial asset located at 141 Danbury Road in Wilton, CT. The sale took place on July 27, 2021. The property spans a total of 47,040 square feet and was sold for a price of $3,700,000, resulting in a price per square foot of $79.
Summary of transaction details
- Property Type: Office & Industrial
- Sale Price: $3,700,000
- Square Footage: 47,040
- Price per Square Foot: $79
- Transaction Date: 07/27/2021
- Market: Wilton, CT
The buyers in this transaction are Fuller Development and Spinnaker Real Estate Partners. The deal was facilitated by CBRE brokers Louis Zuckerman, Tom Pajolek, and Pat Colwell.
Players
Wilton Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93