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14 Technology Drive, Bedfor...

LSNE Contract Manufacturing Acquires Industrial Property In Bedford, NH For $8.6M
SOLDIndustrial

LSNE Contract Manufacturing Acquires Industrial Property In Bedford, NH For $8.6M

14 Technology Drive, Bedford, NH, USA

$8,630,000

$97/SF

Building Size

88,214 SF

Asset Type

Industrial

Closing

Nov 5, 2021

AI

The industrial property located at 14 Technology Drive in Bedford, NH has been sold in a recent transaction. The property spans across 18 acres, making it a sizable asset in the market.

Summary of transaction details

  • Property Type: Industrial
  • Address: 14 Technology Drive, Bedford, NH
  • Market: Bedford, NH
  • Acres: 18
  • Sale Price: $8,630,000
  • Buyer: LSNE Contract Manufacturing
  • Seller: Segway, Inc
  • Brokers: Bob Rohrer & Doug Martin - Colliers
  • Square Footage: 88,214
  • Price per Square Foot: $98

The buyer of this property is LSNE Contract Manufacturing, while the seller is Segway, Inc. The transaction was facilitated by Bob Rohrer and Doug Martin from Colliers as the brokers representing the parties involved.

Players

Robert Rohrer

Colliers

Broker

$25M

vol

4 deals

Broker

Bedford Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.84%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93