Angel Commercial Facilitates $2.4M Sale Of Fairfield Retail Property
1610 Post Road
$2,400,000
$533/SF
Building Size
4,500 SF
Asset Type
Retail
Closing
Jan 10, 2024
AI
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
Fairfield 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93