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1900 Southwood Dr, Nashua, ...

Updated Dec 18, 2023

Nordlund Associates Acquires Office Property In Nashua, NH For $2.375M
SOLDOffice

Nordlund Associates Acquires Office Property In Nashua, NH For $2.375M

1900 Southwood Dr, Nashua, NH, USA

$2,375,000

$120/SF

Building Size

19,764 SF

Asset Type

Office

Closing

Aug 12, 2021

About this deal

AI

The office property located at 1900 Southwood Dr. in Nashua, NH, was recently sold for a price of $2,375,000. The property spans over 19,764 square feet and has an average price per square foot of $120. Situated on a 4.6-acre lot, the price per acre for this transaction amounts to $516,304. The sale was facilitated by Anthony Triglione of Nordlund Associates.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $2,375,000
  • Square Footage: 19,764
  • Price Per Square Foot: $120
  • Lot Size: 4.6 acres
  • Price Per Acre: $516,304
  • Broker: Anthony Triglione - Nordlund Associates

This transaction showcases the successful collaboration between the buyer, seller, and the representing broker, Anthony Triglione of Nordlund Associates. The details of the deal highlight the growth and development happening in the office property market of Nashua, NH.

On the Map

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$2,375,000

$120/SF

Office

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Players

Anthony Triglione

Nordlund Associates

Broker

$33.8M

vol

12 deals

Broker

Nashua Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $120 per square foot on a published $2.4M for 19,764 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.68%

Cash-on-Cash

-1.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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