SeaCoast Pathology Renews Lease For 17,120 SF Office Space At 1 Hampton Road
1 Hampton Road
Building Size
17,120 SF
Asset Type
Office
Closing
May 3, 2024
AI
The office property located at 1 Hampton Road in Exeter, NH, spanning 17,120 square feet, was the subject of a lease transaction. SeaCoast Pathology renewed a long-term lease for administrative and laboratory space within the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Specified
- Address: 1 Hampton Road
- Market: Exeter, NH
- Asset Type: Office
- Square Footage: 17,120
The lease deal was facilitated by Rob Nahigian of Auburndale Realty Co., representing SeaCoast Pathology. On the landlord's side, Caitlin Burke and Kent White of The Boulos Company represented AG-SC Hampton Road Owner, LLC, the new building owner facilitating the lease renewal.
Players
Hampton Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93