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
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