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30 Temple Street, Nashua, N...

Whiting Building, LLC Acquires Office Property At 30 Temple Street In Nashua, NH For $10.7M
SOLDOffice

Whiting Building, LLC Acquires Office Property At 30 Temple Street In Nashua, NH For $10.7M

30 Temple Street, Nashua, New Hampshire 03060, United States

$10,700,000

$89,916/SF

Building Size

119 SF

Asset Type

Office

Closing

Apr 17, 2023

AI

The office property located at 30 Temple Street in Nashua, NH has been sold in a closed transaction. The property spans a total area of 119,500 square feet and was sold for a price of $10,700,000, resulting in a price per square foot of $90. The sale took place on December 14, 2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $10,700,000
  • Address: 30 Temple Street, Nashua, NH
  • Market: Nashua, NH
  • Buyer: Whiting Building, LLC
  • Seller: Creg-Temple Street, LLC
  • Brokers: Robert Rohrer & Laura Nesmith - Colliers
  • Square Footage: 119,500
  • Price per Square Foot: $90

The buyer of the property was Whiting Building, LLC, represented by the brokers Robert Rohrer & Laura Nesmith from Colliers. On the other hand, Creg-Temple Street, LLC acted as the seller in this transaction.

Players

Robert Rohrer

Colliers

Broker

$25M

vol

4 deals

Broker
WL
Whiting Building, LLCBuyer

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

1.48%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93