Updated Apr 1, 2025
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
About this deal
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
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