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1030 Wolcott St Waterbury, ...

Abundant Partners Sells Retail Property In Waterbury, CT For $2.4M
SOLDRetail

Abundant Partners Sells Retail Property In Waterbury, CT For $2.4M

1030 Wolcott St Waterbury, CT 06705, USA

$2,400,000

$18/SF

Building Size

132,000 SF

Asset Type

Retail

Closing

Aug 9, 2023

AI

The retail property located at 1030 Wolcott Street in Waterbury, CT has been sold for a total price of $2,400,000. The property spans across 132,000 square feet, resulting in a price per square foot of $18. The seller of the property was Abundant Partners, while the brokerage services were provided by Sol Dweck of Dweck Realty Group.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,400,000
  • Square Footage: 132,000
  • Price per Square Foot: $18
  • Address: 1030 Wolcott Street, Waterbury, CT
  • Market: Waterbury, CT
  • Seller: Abundant Partners
  • Broker: Sol Dweck – Dweck Realty Group

Sol Dweck, a representative of Dweck Realty Group, played a key role in facilitating the sale of the retail property at 1030 Wolcott Street. The deal, valued at $2,400,000, was successfully completed with the involvement of Abundant Partners as the seller. The property offers a vast area of 132,000 square feet, allowing for various retail opportunities in the sought-after market of Waterbury, CT.

Players

Sol Dweck

Dweck Realty Group

Broker

$11.5M

vol

2 deals

Broker

Waterbury Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93