Closed! Retail Portfolio with 3 Buildings and Car Wash - Middletown, CT
June 20th, 2025
Middletown, CT
O,R&L Commercial, LLC is pleased to announce the sale of an investment portfolio in Middletown, CT. The property consists of a car wash and 3 retail buildings totaling over 79,000 SF and is 100% leased and fully occupied with many tenants including Dennys, CT Department of Labor, Seasons Federal Credit Union, and more. The portfolio sold for $7,250,000 and has an 8% CAP rate.
Luke Massirio represented the seller who was delighted with the outcome of a sale price of $7,250,000. Thomas Wilks represented the buyer. The loan was secured by Brett Eagleson with Guilford Savings Bank.
We can't wait for more success stories from our team this year!
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