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221 Danbury Road

NNN Pro Group Facilitates Sale Of Guidepost Montessori School In Wilton CT For $7.64M
SOLDRetail

NNN Pro Group Facilitates Sale Of Guidepost Montessori School In Wilton CT For $7.64M

221 Danbury Road

$7,641,733

$773/SF

Building Size

9,878 SF

Asset Type

Retail

Closing

Jul 24, 2024

AI

The transaction involved the sale of the retail asset located at 221 Danbury Road in Wilton, CT, with a sale price of $7,641,733. The property spans 9,878 square feet, resulting in a price per square foot of $773.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,641,733
  • Location: 221 Danbury Road, Wilton, CT
  • Square Footage: 9,878
  • Price per Square Foot: $773

The NNN Pro Group facilitated the transaction, represented by brokers Josh Kanter, Anthony D'Ambrosia, Glen Kunofsky, and Anthony Bird. They arranged the sale of the Guidepost Montessori school as part of this deal.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker

Wilton 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

2.08%

Cash-on-Cash

-0.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93