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The NNN Pro Group - Marcus & Millichap Sells Retail Property In Concord, NH For $1.36M

Property Image
SOLD
$1,360,000
Glen Kunofsky
Josh Kanter
+ 1

New Hampshire

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Retail3,600 SF
Sold 08/26/2022
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Property Image
SOLD

The NNN Pro Group - Marcus & Millichap Sells Retail Property In Concord, NH For $1.36M

147 Loudon Road

See Similar Deals
Retail3,600 SF
Sold 08/26/2022
Glen Kunofsky
Josh Kanter
+ 1
Contact now

Summary

NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$377
Total Square Footage:3,600 SF
Transaction Type:Sale

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

Thomas (Tom) Shihadeh
15 deals$46.5M volume
BROKER

Josh Kanter
Surmount
100 deals$626.3M volume
BROKER

Anthony D'Ambrosia
Surmount
105 deals$731.2M volume
BROKER

Details

SOLD
IMAGE: Glen Kunofsky, Thomas Shihadeh, Josh Kanter & Anthony D'Ambrosia DATE: 08/26/2022 ADDRESS: 147 Loudon Rd MARKET: Concord, NH ASSET TYPE: Retail BROKERS: Glen Kunofsky, Thomas Shihadeh, Josh Kanter & Anthony D'Ambrosia - The NNN Pro Group - Marcus & Millichap SALE PRICE: $1,360,000 SF: 3,600 ~ PPSF: $378 NOTE FROM BROKERS: Broker of Record: Thomas Shihadeh 617-896-7200 License #: 077795

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$72,533.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,831.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,447.09
Annual Debt Service$77,365.13