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
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.
Nashua 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
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93