Updated Dec 21, 2023
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
About this deal
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.
The retail sale at 708 Wolcott Street, Waterbury, Connecticut 06705, United States in Waterbury, Connecticut sold for $1.7M in 2022. The building is 45,670 square feet, implying about 37 per square foot on the published price. Susan Bands, Mark Krantz, Derrick Dougherty, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Waterbury, Connecticut file for the 708 Wolcott Street, Waterbury, Connecticut 06705, United States retail sold: pricing, party profiles, and other closed retail comps from the same Waterbury sit in the Market section below. Filter that Waterbury retail set by closing date to see what else sold near 708 Wolcott Street, Waterbury, Connecticut 06705, United States around 2022. Published consideration for 708 Wolcott Street, Waterbury, Connecticut 06705, United States is $1.7M, dated 2022. Cite this Marcus & Millichap Sells Retail Property In Waterbury, CT For $1.7M sale when underwriting similar retail product around Waterbury, Connecticut.
Players
Waterbury 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93