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118 Northeastern Boulevard

RNA Distribution Leases 12,700 SF Industrial Space At 118 Northeastern Boulevard In Nashua NH
LEASEDIndustrial

RNA Distribution Leases 12,700 SF Industrial Space At 118 Northeastern Boulevard In Nashua NH

118 Northeastern Boulevard

Building Size

12,700 SF

Asset Type

Industrial

Closing

Dec 6, 2024

AI

The asset involved in this transaction is an industrial property located at 118 Northeastern Boulevard in Nashua, NH, with a total square footage of 12,700. The lease transaction focuses on expanding operational capabilities within the New Hampshire market tailored to meet an increasing demand for industrial space.

Summary of transaction details:

RNA Distribution has secured this lease to boost its presence in New Hampshire. The deal was facilitated by brokers Mike Tamposi and Nick DeNisco from The Boulos Company, who represented the interests of the tenant in this transaction.

Players

Mike Tamposi

Broker

$975K

vol

2 deals

Broker

Nashua Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93