Multi-tenant Office Building Sold In Wethersfield For $21.25M With Horvath & Tremblay As Brokers
415 Silas Deane Highway
$21,250,000
$1,171/SF
Building Size
18,133 SF
Asset Type
Office
Closing
Sep 19, 2025
AI
A 100% leased, multi-tenant office building located at 415 Silas Deane Highway in Wethersfield, CT, was sold for $21,250,000. The property encompasses 18,133 square feet, resulting in a price per square foot of $1,172.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $21,250,000
- Address: 415 Silas Deane Highway, Wethersfield, CT
- Square Footage: 18,133
- Price Per Square Foot: $1,172
The transaction involved brokers Robert Horvath, Todd Tremblay, and Tom Connor, representing Horvath & Tremblay in the sale of the property.
Players
Wethersfield 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
0.75%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93