Updated Dec 19, 2023
Horvath & Tremblay Brokers $3.15M Sale Of Hooksett, N.H Retail Property
1285 Hooksett Rd, Hooksett, N.H., USA
$3,150,000
$293/SF
Building Size
10,752 SF
Asset Type
Retail
Closing
Apr 29, 2021
About this deal
AI
A retail property located at 1285 Hooksett Rd in Hooksett, New Hampshire has been sold for a price of $3,150,000. The transaction took place on April 30, 2021, with a total area of 10,752 square feet. The property sits on 1.34 acres of land, which translates to a price per acre of $2,350,746. The property is situated in the Hooksett market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,150,000
- Address: 1285 Hooksett Rd, Hooksett, NH
- Market: Hooksett, N.H
- Square Footage: 10,752
- Price per Square Foot: $293
- Acreage: 1.34
- Price per Acre: $2,350,746
- Cap Rate: 5.17%
The sale of this retail property was facilitated by Bob Horvath from Horvath & Tremblay, who represented the parties involved in the transaction.
Hooksett Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93