California Investor Acquires Dollar General Retail Property In Windham, CT For $2.2M
1415 West Main Street Windham, Connecticut 06226 USA
$2,200,000
$209/SF
Building Size
10,512 SF
Asset Type
Retail
Closing
Apr 25, 2023
AI
A recently constructed retail property housing a Dollar General store in Windham, Connecticut, has been sold to a California investor for $2.2 million. The property is a 10,512-square-foot building situated on 1.1 acres of land. The transaction took place at 1415 West Main Street in Windham, CT.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,200,000
- Square Footage: 10,512
- Address: 1415 West Main Street, Windham, CT
- Market: Windham, CT
The buyer of the property is David L. Krasne, while the seller is the Calito Development Group LLC. The sale price per square foot is $209. This transaction involved a limited liability company affiliated with the Calito Development Group LLC.
Players
Windham Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93