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2920 Ridgeway Road

2920 Ridgeway Road Retail Sold For $1.997M With Brokers Anthony Bird Richard Nardi Anthony D'Ambrosia
SOLDRetail

2920 Ridgeway Road Retail Sold For $1.997M With Brokers Anthony Bird Richard Nardi Anthony D'Ambrosia

2920 Ridgeway Road

$1,997,661

$221/SF

Building Size

9,026 SF

Asset Type

Retail

Closing

Apr 20, 2025

AI

The property asset involved in this transaction is a retail space located at 2920 Ridgeway Road in Manchester. The sale price was $1,997,661 for a total square footage of 9,026, which translates to a price per square foot of $221.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,997,661
  • Square Footage: 9,026
  • Price per Square Foot: $221
  • Address: 2920 Ridgeway Road
  • Market: Manchester

The brokers involved in this transaction were Anthony Bird, Richard Nardi, and Anthony D'Ambrosia representing Surmount. The property was sold for a price above the original listing.

Players

Richard Nardi

Surmount

Broker

$35.5M

vol

4 deals

Broker
Surmount
SurmountBrokerage

Manchester 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

7.94%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93