120 New Canaan Avenue

Property Name: 120 New Canaan Avenue
Location: Norwalk, CT
Property Type: Retail
Transaction Type: Sale/Leaseback
Loan Amount: $0
Details: Steve McCulloch of Houlihan Parnes Realtors recently handled the sale of a 25,000 square foot shopping center at 120 New Canaan Avenue in Norwalk, CT. This is a multi-tenanted retail property that was built in 1993 and is anchored by a Rite Aid Drug Store. Many of the tenants have been at this location since it was originally built and is the first sale from the original developers. The Buyers were able to secure the acquisition by making an all cash offer with no financing contingency and used this investment to satisfy a 1031 requirement.
More Info: Steve McCulloch at 914-641-4305 or contact me