Marcus & Millichap Sells Bank Of America Retail Asset In Windsor Connecticut For $2.6M

A retail asset located at 1045 Kennedy Road in Windsor, CT, was sold for $2,600,000. The property encompasses 4,650 square feet, translating to a price per square foot of $559. The asset was marketed for a private Connecticut investor and sold to a private investor from Florida, benefiting from its proximity to notable retailers, corporate tenants, and economic hubs such as Bradley Airport and Amazon.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,600,000
• Address: 1045 Kennedy Road
• Market: Windsor, CT
• Square Footage: 4,650
• Price Per Square Foot: $559
• Brokers: Mark Krantz & Derrick Dougherty - Marcus & Millichap

This transaction involved the brokerage expertise of Mark Krantz and Derrick Dougherty, who represented the seller in this deal. The transaction highlights the market activity focused on retail investments in the Windsor area, showcasing the involvement of both a private Connecticut investor and a Florida-based buyer.