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996 High Ridge Road

Town Fair Tire Property Sold In Stamford CT For $4.01M With Buyer's Rep Glen Kunofsky Josh Kanter Anthony D'Ambrosia
SOLDRetail

Town Fair Tire Property Sold In Stamford CT For $4.01M With Buyer's Rep Glen Kunofsky Josh Kanter Anthony D'Ambrosia

996 High Ridge Road

$4,012,777

$830/SF

Building Size

4,833 SF

Asset Type

Retail

Closing

Apr 27, 2025

AI

The property involved in the transaction is a retail asset located at 996 High Ridge Road, Stamford, CT. The sale price was $4,012,777, with a total square footage of 4,833, resulting in a price per square foot of $830.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,012,777
  • Address: 996 High Ridge Road
  • Market: Stamford, CT
  • Square Footage: 4,833
  • Price per Square Foot: $830
  • Buyer's Representatives: Glen Kunofsky, Josh Kanter & Anthony D'Ambrosia - NNN Pro Group

Surmount (formerly known as NNN Pro), alongside their broker of record Bang Realty-New England, Inc, represented the buyer in the acquisition of the Town Fair Tire property situated in Stamford, CT.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

Stamford 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

3.95%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93