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

Property Image
SOLD
$2,360,000
Josh Kanter
Anthony D'Ambrosia
+ 1

Connecticut

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Retail7,890 SF
Sold 03/19/2025
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Property Image
SOLD

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

209 Ella Grasso Turnpike

See Similar Deals
Retail7,890 SF
Sold 03/19/2025
Josh Kanter
Anthony D'Ambrosia
+ 1
Contact now

Summary

CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$299
Total Square Footage:7,890 SF
Transaction Type:Sale

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
106 deals$768.6M volume
BROKER

Josh Kanter
Surmount
100 deals$626.3M volume
BROKER

Anthony D'Ambrosia
Surmount
105 deals$731.2M volume
BROKER

Stewart Hickey
Surmount
15 deals$55.2M volume
BROKER

Details

SOLD
IMAGE: Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia & Stewart Hickey DATE: 03/19/2025 ADDRESS: 209 Ella Grasso Turnpike MARKET: Windsor Locks, CT ASSET TYPE: Retail BROKERS: Glen Kunofsky, Josh Kanter (@JKanter29), Anthony D'Ambrosia & Stewart Hickey - NNN Pro Group (@OfficialNNNPro) SALE PRICE: $2,360,000 SF: 7,890 ~ PPSF: $299 NOTE FROM BROKER: NNN Pro, along with their broker of record Bang Realty-New England, Inc, represented the buyer and seller on the Windsor Locks strip center in Windsor Locks, CT.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$125,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,384.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,187.60
Annual Debt Service$134,251.25