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1350 Barnum Ave, Stratford,...

Horvath & Tremblay Acquires Retail Property In Stratford, CT For $2.76M
SOLDRetail

Horvath & Tremblay Acquires Retail Property In Stratford, CT For $2.76M

1350 Barnum Ave, Stratford, CT, USA

$2,759,838

$407/SF

Building Size

6,768 SF

Asset Type

Retail

Closing

Aug 19, 2021

AI

A retail property located at 1350 Barnum Ave in Stratford, CT has recently been sold for a total of $2,759,838. The property spans a total of 6,768 square feet, resulting in a price per square foot of $408. The sale was finalized on 08/20/2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,759,838
  • Address: 1350 Barnum Ave
  • Market: Stratford, CT
  • Square Footage: 6,768
  • Price per Square Foot: $408

The sale of this retail property was facilitated by Bob Horvath, Todd Tremblay, and Jason Woods from Horvath & Tremblay, who represented the parties involved in the transaction.

Players

Robert Horvath

Horvath & Tremblay

Broker

$564M

vol

114 deals

Broker

Stratford 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

5.75%

Cash-on-Cash

-1.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93