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.
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