Updated Oct 28, 2024
Tenet Equity Funding SPE I LLC Acquires Retail Property In East Haven, CT For $7M
193 Silver Sands Road, East Haven, Connecticut 06512, United States
$7,000,000
$120/SF
Building Size
58,008 SF
Asset Type
Retail
Closing
Jun 5, 2022
About this deal
AI
The retail property located at 193 Silver Sands Rd in East Haven, CT has been sold. The property spans 58,008 square feet and was sold at a price of $7,000,000, resulting in a price per square foot of $121. The transaction took place on June 6, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,000,000
- Address: 193 Silver Sands Rd, East Haven, CT
- Market: East Haven, CT
Tenet Equity Funding SPE I LLC, represented by Nicholas Eggert, purchased the property from Rossano Realty LLC, owned by Paula A. & Antonio M. Rossano.
Players
East Haven Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Connecticut 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