facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Connecticut

/

Retail

/

Sale

/

220 Captain Thomas Boulevar...

Updated Oct 28, 2024

DeLaurentis Management Corp Acquires Retail Property In West Haven, CT For $3M
SOLDRetail

DeLaurentis Management Corp Acquires Retail Property In West Haven, CT For $3M

220 Captain Thomas Boulevard, West Haven, CT 06516, USA

$3,000,000

$47/SF

Building Size

62,722 SF

Asset Type

Retail

Closing

Jun 28, 2020

About this deal

AI

Located at 200-205 Captain Thomas Blvd in West Haven, CT, this retail property was recently sold. The transaction took place on June 28, 2021, and was facilitated by the broker Phil Marshall from OR&L Commercial LLC. The property spans 62,722 square feet and was sold for a total price of $3,000,000, resulting in a price per square foot of $48. The buyer of the property is DeLaurentis Management Corp.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Address: 200-205 Captain Thomas Blvd, West Haven, CT
  • Market: West Haven, CT

This sale was made possible through the efforts of Phil Marshall, representing OR&L Commercial LLC. The involvement of DeLaurentis Management Corp as the buyer highlights their interest in retail assets. The transaction showcases the significance of the property's location in West Haven, CT, contributing to its market value. The retail property's size of 62,722 square feet and the sale price of $3,000,000 demonstrate its desirability in the competitive real estate market.

Players

West Haven Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Deal FAQ

About $47 per square foot on a published $3M for 62,722 square feet (2020).

Browse Connecticut retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets