Marcus & Millichap Sells Guilford, CT Office Property For $8.25M
246 Goose Lane Guilford, Connecticut 06437, USA
$8,250,000
$145/SF
Building Size
56,564 SF
Asset Type
Office
Closing
Jun 23, 2023
AI
Innovation Park, a 56,564-square-foot office property located at 246 Goose Lane in Guilford, CT, has been sold for $8.25 million. The property was listed by Marcus & Millichap and brokered by Ani Paulson and CJ Wilson.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $8,250,000
- Square Footage: 56,564
- Address: 246 Goose Lane, Guilford, CT
- Market: Guilford, CT
The sale was successfully closed by Marcus & Millichap, with Ani Paulson and CJ Wilson representing the parties involved in the transaction. The office property in Guildford, CT changed ownership for a price of $8.25 million.
Players
Guilford 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
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93