NNN Pro Group Facilitates Sale Of Guidepost Montessori School In Wilton CT For $7.64M
SOLD
$7,641,733
+ 1
Connecticut
See Similar DealsRetail9,878 SF
Sold 07/24/2024
SOLD
NNN Pro Group Facilitates Sale Of Guidepost Montessori School In Wilton CT For $7.64M
221 Danbury Road
See Similar DealsRetail9,878 SF
Sold 07/24/2024
+ 1
Summary
CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$773
Total Square Footage:9,878 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$407,559.10
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,149.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,225.71
Annual Debt Service$434,708.56
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