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21 Northwestern Drive, Sale...

Foxfield Acquires Industrial Property In Salem, NH For $14.9M
SOLDIndustrial

Foxfield Acquires Industrial Property In Salem, NH For $14.9M

21 Northwestern Drive, Salem, New Hampshire 03079, United States

$14,900,000

$148/SF

Building Size

100,450 SF

Asset Type

Industrial

Closing

Sep 6, 2022

AI

Foxfield has acquired an industrial property in Salem, NH for $14,900,000. The property, located at 21 Northwestern Dr, spans across 15 acres in the market. The transaction was facilitated by Chris Healey of The Boulos Company, representing Foxfield.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $14,900,000
  • Address: 21 Northwestern Dr, Salem, NH
  • Market: Salem, NH
  • Acres: 15

The industrial property has a total area of 100,450 square feet, with a price per square foot of $148. This information was captured from the Instagram post shared by Chris Healey on 09/07/2022.

Congratulations to Foxfield on their acquisition of this industrial property in Salem, NH. The deal was successfully negotiated by Chris Healey from The Boulos Company, who represented Foxfield in this transaction.

Players

Christopher Healey

The Boulos Company

Broker

$14.9M

vol

1 deal

Broker
Foxfield
FoxfieldBuyer

Salem Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93