facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Connecticut

/

Office

/

Sale

/

60 Danbury Road, Wilton, CT...

Wilton Medical Realty Purchases Office Property On Danbury Road, Wilton, CT For $17.1M
SOLDOffice

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

J. Richard Lee

O,R&L Commercial

Broker

$18.7M

vol

2 deals

Broker
DP
Davis Marcus PartnersSeller

Wilton Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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