FinanceBoston Arranges $4.48M Acquisition Loan For Retail Property On Fort Eddy Road In Concord
75-77 Fort Eddy RdConcord, NH 03301, USA
$4,480,000
$277/SF
Building Size
16,158 SF
Asset Type
Retail
Closing
May 19, 2023
AI
The retail property located at 75-77 Fort Eddy Road in Concord, NH has been involved in a recent loan transaction. The property has a total square footage of 16,158 and is categorized as a retail asset. The loan amount for this transaction was $4,480,000 and the loan type was an acquisition loan.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,480,000
- Market: Concord, NH
- Broker: Jake Cremmen - FinanceBoston
Jake Cremmen of FinanceBoston represented the parties involved in this loan transaction.
Players
Concord Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.54%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93