Updated Dec 19, 2023
Horvath & Tremblay Facilitates $1.35M Retail Sale In Glastonbury, CT
2801 Main St, Glastonbury, CT, USA
$1,350,000
$681/SF
Building Size
1,980 SF
Asset Type
Retail
Closing
Jul 30, 2020
About this deal
AI
The retail property located at 2801 Main St. in Glastonbury, CT has been sold for a total price of $1,350,000. The sale was finalized on 07/30/2021.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $1,350,000
- Address: 2801 Main St.
- Market: Glastonbury, CT
The sale of this retail property was facilitated by Matt Nadler from Horvath & Tremblay.
The retail sale at 2801 Main St, Glastonbury, CT, USA in Glastonbury, Connecticut sold for $1.4M in 2020. The building is 1,980 square feet, implying about 681 per square foot on the published price. Matthew (Matt) Nadler, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Glastonbury, Connecticut file for the 2801 Main St, Glastonbury, CT, USA retail sold: pricing, party profiles, and other closed retail comps from the same Glastonbury sit in the Market section below. Filter that Glastonbury retail set by closing date to see what else sold near 2801 Main St, Glastonbury, CT, USA around 2020. Published consideration for 2801 Main St, Glastonbury, CT, USA is $1.4M, dated 2020. Cite this Horvath & Tremblay Facilitates $1.35M Retail Sale In Glastonbury, CT sale when underwriting similar retail product around Glastonbury, Connecticut.
Glastonbury 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93