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209 Ella Grasso Turnpike

Windsor Locks Strip Center Sold For $2.36M With NNN Pro Group As Brokers
SOLDRetail

Windsor Locks Strip Center Sold For $2.36M With NNN Pro Group As Brokers

209 Ella Grasso Turnpike

$2,360,000

$299/SF

Building Size

7,890 SF

Asset Type

Retail

Closing

Mar 19, 2025

AI

The asset involved in this transaction is a retail property located at 209 Ella Grasso Turnpike in Windsor Locks, CT. The sale price of the property was $2,360,000, covering a total square footage of 7,890, resulting in a price per square foot of $299.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,360,000
  • Square Footage: 7,890
  • Price Per Square Foot: $299
  • Market: Windsor Locks, CT

In this transaction, NNN Pro Group represented both the buyer and seller. The brokers involved in this deal were Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia, and Stewart Hickey, in collaboration with their broker of record Bang Realty-New England, Inc.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

Windsor Locks 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

6.72%

Cash-on-Cash

-1.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93