Wilton Medical Realty Purchases Office Property On Danbury Road, Wilton, CT For $17.1M
60 Danbury Road, Wilton, CT, USA
$17,100,000
$228/SF
Building Size
75,000 SF
Asset Type
Office
Closing
Dec 2, 2020
AI
The office property at 60 Danbury Road in Wilton, CT was recently sold for a price of $17,100,000. The transaction took place on 12/03/2020. The property spans a total area of 75,000 square feet, resulting in a price per square foot of $228. The seller of the property was Davis Marcus Partners, represented by David Fiore. The buyer of the property was Wilton Medical Realty. The deal was facilitated by Rich Lee from OR&L.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $17,100,000
- Square Footage: 75,000
- Price per Square Foot: $228
- Seller: Davis Marcus Partners - David Fiore'
- Buyer: Wilton Medical Realty
- Broker: Rich Lee - OR&L
Davis Marcus Partners, represented by David Fiore, sold the office property located at 60 Danbury Road in Wilton, CT to Wilton Medical Realty. The deal was facilitated by Rich Lee from OR&L. This transaction marks a significant sale in the office market in Wilton, CT. The property offers a total area of 75,000 square feet and was sold for a price of $17,100,000, resulting in a price per square foot of $228.
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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93