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185 Boston Post Road

Updated Dec 4, 2024

Hitchcock Plaza Sold For $7M In Orange, CT
SOLDRetail

Hitchcock Plaza Sold For $7M In Orange, CT

185 Boston Post Road

$7,000,000

$125/SF

Building Size

56,000 SF

Asset Type

Retail

Closing

Nov 10, 2023

About this deal

AI

Hitchcock Plaza, located at 185 Boston Post Road in Orange, CT, has been sold for $7 million. This retail property spans approximately 56,000 square feet and sits on a generous 6.25-acre lot. The sale price equates to a price per square foot of $125.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $7,000,000
  • Address: 185 Boston Post Road, Orange, CT
  • Market: Orange, CT
  • Acres: 6.25

The deal was facilitated by Arnold Peck from Arnold Peck's Commerical World. Hitchcock Plaza offers a substantial retail space of 56,000 square feet and is situated on a spacious 6.25-acre lot. This transaction marks a significant milestone in the Orange, CT market.

Players

Arnold Peck

Arnold Peck's Commerical World

Broker

$7M

vol

1 deal

Broker

Weston Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $125 per square foot on a published $7M for 56,000 square feet (2023).

Visit Arnold Peck's Commerical World to view all their deals.

Browse Weston retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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