Horvath & Tremblay Represents Seller In $7.88M Sale Of Trader Joe's Pad In Shelton CT
775 Bridgeport Avenue
$7,882,639
Building Size
—
Asset Type
Retail
Closing
Sep 4, 2026
About this deal
AI
The retail asset located at 775 Bridgeport Avenue in Shelton, CT, was sold for $7,882,639. The transaction was completed at a 4.95% cap rate, highlighting its financial performance in the market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,882,639
- Address: 775 Bridgeport Avenue
- Market: Shelton, CT
- Cap Rate: 4.95%
Horvath & Tremblay represented the seller and procured the buyer for this transaction, with brokers Robert Horvath, Todd Tremblay, Matthew Nadler, and Jack Laurendeau involved in the deal.
On the Map
$7,882,639
Retail
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Players
Avenue 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
2.01%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93