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1461 Hooksett Road, Hookset...

Kassas Real Estate Development Sells Retail & Office Property In Hooksett, NH For $5M
SOLDOffice

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

Hobart Hare

Horvath & Tremblay

Broker

$76.6M

vol

13 deals

Broker

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