The NNN Pro Group - Marcus & Millichap Sells Retail Property In Concord, NH For $1.36M
147 Loudon Road
$1,360,000
$377/SF
Building Size
3,600 SF
Asset Type
Retail
Closing
Aug 26, 2022
AI
The retail property located at 147 Loudon Rd in Concord, NH has been sold for a total price of $1,360,000. The property spans 3,600 square feet with a price per square foot of $378.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,360,000
- Address: 147 Loudon Rd, Concord, NH
- Market: Concord, NH
- Size: 3,600 square feet
- Price per Square Foot: $378
The sale was facilitated by Glen Kunofsky, Thomas Shihadeh, Josh Kanter, and Anthony D'Ambrosia from The NNN Pro Group at Marcus & Millichap. They acted as the brokers in this transaction.
If you have any further inquiries, you can reach out to Thomas Shihadeh, the Broker of Record, at 617-896-7200. His license number is 077795.
Players
Concord 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
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93