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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 118 Northeastern Boulevard
- Market: Nashua, NH
- Tenant: RNA Distribution
- Brokers: Mike Tamposi & Nick DeNisco - The Boulos Company
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
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