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1-7 Big Shop Lane
SOLD

Northeast Private Client Group Acquires Retail Property In Ridgefield, CT For $4.75M

1-7 Big Shop Lane

Retail
8,989 SF
clock iconSold 1 year ago
John Lockhart
Robert "Bob" Paterno
Richard (Rich) Edwards
+ 2
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Summary

Sale
CONNECTICUT
Retail
8,989 sqft

The property involved in the transaction is a retail asset located at 1-7 Big Shop Lane in Ridgefield, CT. The sale took place on November 19, 2021, with a sale price of $4,750,000. The property spans 8,989 square feet, resulting in a price per square foot of $528. The capitalization rate for this transaction is 7.33%.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,750,000
  • Square Footage: 8,989
  • Price per Square Foot: $528
  • Market: Ridgefield, CT

The transaction was facilitated by the Northeast Private Client Group, represented by Brad Balletto, Rich Edwards, Jeff Wright, Bob Paterno, and John Lockhart.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

John Lockhart's profile picture
John Lockhart
NorthEast Private Client Group-image
Junior Financial Analyst/Transaction Manager
$40.2M Sold

Details

Deal Summary
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SOLD
IMAGE: John Lockhart, Bob Paterno, Jeff Wright, Rich Edwards & Brad Balletto DATE: 11/19/2021 ADDRESS: 1-7 Big Shop Lane MARKET: Ridgefield, CT ASSET TYPE: Retail BROKERS: Brad Balletto, Rich Edwards, Jeff Wright, Bob Paterno & John Lockhart - Northeast Private Client Group SALE PRICE: $4,750,000 SF: 8,989 ~ PPSF: $528 CAP: 7.33%

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Address1-7 Big Shop Lane

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