Horvath & Tremblay Brokers Facilitate $2.36M Retail Sale In Bolton, CT
SOLD
$2,360,000
Connecticut
See Similar DealsRetail10,542 SF
Sold 04/29/2022
SOLD
Horvath & Tremblay Brokers Facilitate $2.36M Retail Sale In Bolton, CT
1100 Boston Turnpike, Bolton, Connecticut 06043, United States
See Similar DealsRetail10,542 SF
Sold 04/29/2022
Summary
CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$223
Total Square Footage:10,542 SF
Transaction Type:Sale
A retail property located at 1100 Boston Turnpike in Bolton, CT has been sold for a total of $2,360,000. The property spans 10,542 square feet, resulting in a price per square foot of $224.
Summary of transaction details
- Property Type: Retail
- Sale Price: $2,360,000
- Square Feet: 10,542
- Price per Square Foot: $224
- Address: 1100 Boston Turnpike, Bolton, CT
- Market: Bolton, CT
The deal was facilitated by brokers Bob Horvath, Todd Tremblay, and Hobart Hare from Horvath & Tremblay.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,384.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,187.60
Annual Debt Service$134,251.25
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