facebook
Traded Co logo
Submit
Daily limit: 0/10

Angel Commercial Facilitates $2.4M Sale Of Fairfield Retail Property

Property Image
SOLD
$2,400,000

Connecticut

See Similar Deals
Retail4,500 SF
Sold 01/10/2024
the dealplayerscompscontact
Property Image
SOLD

Angel Commercial Facilitates $2.4M Sale Of Fairfield Retail Property

1610 Post Road

See Similar Deals
Retail4,500 SF
Sold 01/10/2024
the dealplayerscompscontact
Contact now

Summary

CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$533
Total Square Footage:4,500 SF
Transaction Type:Sale

A 4,500-square-foot retail property located at 1610 Post Road in Fairfield, Connecticut has been sold for $2.4 million. The property was facilitated by local brokerage firm, Angel Commercial, led by Jon Angel. The transaction represents a price per square foot of $533.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $2,400,000
  • Square Footage: 4,500
  • Price Per Square Foot: $533
  • Address: 1610 Post Road, Fairfield, CT
  • Market: Fairfield, CT

Angel Commercial, a local brokerage firm, played a pivotal role in facilitating the sale of the retail property at 1610 Post Road. With a total area of 4,500 square feet, the property is ideally located in Fairfield, Connecticut. This significant transaction showcases the expertise of Jon Angel, from Angel Commercial, in successfully overseeing the deal.

Players

Jon Angel
Angel Commercial
Jon Angel
13 deals$46.5M volume
BROKER

Details

SOLD
IMAGE: Jon Angel DATE: 01/10/2024 ADDRESS: 1610 Post Road MARKET: Fairfield, CT ASSET TYPE: Retail BROKER: Jon Angel - Angel Commercial SALE PRICE: $2,400,000 SF: 4,500 ~ PPSF: $533 NOTE: Angel Commercial, a local brokerage firm, facilitated the $2.4 million sale of a 4,500-square-foot retail property at 1610 Post Road in Fairfield, Connecticut.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$127,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69