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161 River Road

Edward Jewett Revocable Trust Acquires Industrial Property In Bow NH For $3.05M
SOLDIndustrial

Edward Jewett Revocable Trust Acquires Industrial Property In Bow NH For $3.05M

161 River Road

$3,050,000

$96/SF

Building Size

31,649 SF

Asset Type

Industrial

Closing

May 2, 2025

AI

An industrial property located at 161 River Road in Bow, NH was sold for $3,050,000. The property spans 31,649 square feet, resulting in a price per square foot of $96. This transaction was part of a sale-leaseback deal structured under a 1031 exchange.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,050,000
  • Sale Date: 05/02/2025
  • Address: 161 River Road
  • Market: Bow, NH
  • Square Footage: 31,649
  • Price per Square Foot: $96
  • Buyer's Representative: David Choate & Abby Bachman - Colliers
  • Seller's Representative: Chris Pascucci - SPERRY-Commercial Realty Associates

Edward Jewett Revocable Trust of 2002 was the buyer in this transaction, acquiring the industrial property through a structured sale-leaseback agreement. This transaction is notable for its participation in a 1031 exchange.

Players

David Choate

Colliers

Broker

$23.1M

vol

5 deals

Broker

Bow 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

5.20%

Cash-on-Cash

-1.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93