Daily limit: 0/10
Marcus & Millichap Sells The Shops At Ledgebrook In Winsted, CT For $14.06M
SOLD
$14,060,000
Connecticut
See Similar DealsRetail105,499 SF
Sold 01/29/2025
SOLD
Marcus & Millichap Sells The Shops At Ledgebrook In Winsted, CT For $14.06M
200 New Hartford Road
See Similar DealsRetail105,499 SF
Sold 01/29/2025
Summary
CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$133
Total Square Footage:105,499 SF
Transaction Type:Sale
A retail asset located at 200 New Hartford Road in Winsted, CT, was sold for $14,060,000. The property encompasses 105,499 square feet on a 14-acre plot, translating to a price per square foot of $133. The sale reflects a notable transaction in the local market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,060,000
- Address: 200 New Hartford Road
- Market: Winsted, CT
- Asset Size: 105,499 square feet
- Price per Square Foot: $133
- Acres: 14
- Brokers: Joseph French Jr. & Kodi Traver - Marcus & Millichap
Joseph French Jr. and Kodi Traver represented the seller in this transaction and successfully secured a buyer for the property. The transaction involved The Shops at Ledgebrook, which contains 33,000 square feet of vacancy, indicating potential for future development or lease opportunities.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$749,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,952.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,651.57
Annual Debt Service$799,818.88
Is there something missing? Send suggestions