Wendy's In Plainville, CT Sold For $2.61M With Brokers Josh Kanter, Anthony D'Ambrosia, Stewart Hickey & Glen Kunofsky
2 Pratt Road
$2,608,696
$869/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Jan 27, 2025
AI
The property asset involved in this transaction is a retail asset located at 2 Pratt Road in Plainfield, CT. The sale price for the property was $2,608,696. This asset encompasses a total square footage of 3,000, which translates to a price per square foot of $869.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,608,696
- Address: 2 Pratt Road
- Market: Plainfield, CT
- Square Footage: 3,000
- Price Per Square Foot: $869
- Brokers: Josh Kanter, Anthony D'Ambrosia, Stewart Hickey, Glen Kunofsky - NNN Pro Group
NNN Pro Group, in collaboration with their broker of record Bang Realty-New England, Inc, successfully brokered the sale of the Wendy's located in Plainville, CT, highlighting the involvement of key individuals in this retail transaction.
Players
Plainfield 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
6.08%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93