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2115 Dixwell Avenue, Hamden...

Retail Space Leased In Hamden, CT For $10/ft. At 2115 Dixwell Avenue
LEASEDRetail

Retail Space Leased In Hamden, CT For $10/ft. At 2115 Dixwell Avenue

2115 Dixwell Avenue, Hamden, CT 06514

Building Size

12,696 SF

Asset Type

Retail

Closing

Nov 22, 2021

AI

2115 Dixwell Avenue, located in Hamden, CT, is a retail property that was recently leased. The lease terms span for 10 years, with an asking rent of $10 per square foot. The property offers a total square footage of 12,696.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Lease

Bigmo's, LLC is the landlord of this property, while the tenant is yet to be determined. The lease deal was facilitated by Frank Greco IV from Sullivan Hayes NE.

Players

Frank Greco

Broker

$1.5M

vol

3 deals

Broker

Hamden Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93