Updated Sep 5, 2024
Norwalk Retail Property Sells For $13.3M With Brokers Glen Kunofsky, Josh Kanter & Anthony D'Ambrosia
6 Willard Road, Norwalk, CT, USA
$13,300,000
$1,031/SF
Building Size
12,900 SF
Asset Type
Retail
Closing
Nov 15, 2021
About this deal
AI
A retail property located at 6 Willard Road in Norwalk, CT has been sold for a total price of $13,300,000. The property spans across 12,900 square feet with a price per square foot of $1,031.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,300,000
- Address: 6 Willard Road, Norwalk, CT
- Market: Norwalk, CT
- Brokers: Glen Kunofsky, Josh Kanter & Anthony D'Ambrosia - The NNN Pro Group
The deal was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia of The NNN Pro Group.
Players
Norwalk 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
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93