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49 Harvey Road

Source1AV Purchases Industrial Property At 49 Harvey Road In Londonderry For $2.85M
SOLDIndustrial

Source1AV Purchases Industrial Property At 49 Harvey Road In Londonderry For $2.85M

49 Harvey Road

$2,850,000

$129/SF

Building Size

22,000 SF

Asset Type

Industrial

Closing

Sep 5, 2025

AI

An industrial asset transaction took place involving a warehouse located at 49 Harvey Road in Londonderry, NH. The sale price for this property was $2,850,000, and it encompasses a total of 22,000 square feet, resulting in a price per square foot of $130.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,850,000
  • Address: 49 Harvey Road
  • Market: Londonderry, NH
  • Square Footage: 22,000
  • Price Per Square Foot: $130
  • Buyer: Source1AV
  • Seller: John Bacheller
  • Buyer's Representative: Dan Scanlon - Colliers
  • Seller's Representatives: Luigi Lessa, Harrison Klein & Mattias Edenkrans - Marcus & Millichap

The transaction was facilitated by Marcus & Millichap, which arranged the sale of the warehouse to Source1AV. The involvement of multiple representatives highlights the collaborative nature of the transaction in the industrial property market.

Players

Harrison Klein

Marcus & Millichap

Broker

$177.2M

vol

47 deals

Broker
Colliers
ColliersBrokerage

Londonderry 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

5.57%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93