Marcus & Millichap Sells Retail Property In Waterbury, CT For $1.7M
708 Wolcott Street, Waterbury, Connecticut 06705, United States
$1,700,000
$37/SF
Building Size
45,670 SF
Asset Type
Retail
Closing
Jan 25, 2022
AI
A retail property located at 708 Wolcott St in Waterbury, CT has been sold for a total price of $1,700,000. The property spans across 45,670 square feet, resulting in a price per square foot of $37.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,700,000
- Address: 708 Wolcott St, Waterbury, CT
- Market: Waterbury, CT
The sale of this retail property was facilitated by Derrick Dougherty, Mark Krantz, and Susan Bands from Marcus & Millichap.
Players
Waterbury Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93