Kassas Real Estate Development Sells Retail & Office Property In Hooksett, NH For $5M
1461 Hooksett Road, Hooksett, New Hampshire 03106, United States
$5,000,000
$166/SF
Building Size
30,000 SF
Asset Type
Office
Closing
Aug 4, 2022
AI
The property at 1461 Hooksett Rd, Hooksett, NH, has been sold in a recent transaction. The property is a retail and office space, covering an area of 30,000 square feet. The sale price for this property was $5,000,000, resulting in a price per square foot of $167. The seller in this transaction was Kassas Real Estate Development, Inc.
Summary of transaction details:
- Property Type: Retail & Office
- Transaction Amount: $5,000,000
- Address: 1461 Hooksett Rd, Hooksett, NH
- Market: Hooksett, NH
- Seller: Kassas Real Estate Development, Inc
The buyer in this transaction was represented by Hobart Hare from Horvath & Tremblay, while Hugo Overdeput from Colliers acted as the seller's representative.
Players
Hooksett Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93