Richard Danais Broker Facilitates $6.5M Sale Of Industrial Property In Hooksett, NH
SOLD
$6,500,000
New Hampshire
See Similar DealsIndustrial97,600 SF
Sold 03/05/2021
SOLD
Richard Danais Broker Facilitates $6.5M Sale Of Industrial Property In Hooksett, NH
1000 Quality Drive, Hooksett, NH, USA
See Similar DealsIndustrial97,600 SF
Sold 03/05/2021
Summary
NEW HAMPSHIRE
Asset Type:Industrial
Price Per Square Foot:$66
Total Square Footage:97,600 SF
Transaction Type:Sale
The industrial property located at 1000 iQuality Drive in Hooksett, NH has been sold for a price of $6,500,000. The property spans over 97,600 square feet, resulting in a price per square foot of $67. This transaction was completed on March 5, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Address: 1000 iQuality Drive, Hooksett, NH
- Market: Hooksett, NH
- Broker: Richard Danais - Danais Realty Group, LLC
Richard Danais, representing Danais Realty Group, LLC, facilitated this sale. The property's image is available on Richard Danais' Instagram account. For additional information about the sale, please refer to the provided link.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79
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