Updated Sep 5, 2024
Atlantic Capital Partners Acquires Retail Property In Portsmouth, NH For $40.5M
1600 Woodbury Avenue, Portsmouth, New Hampshire 03801, United States
$40,500,000
$302/SF
Building Size
133,924 SF
Asset Type
Retail
Closing
Jan 5, 2022
About this deal
AI
The retail property located at 1600 Woodbury Ave in Portsmouth, NH has been sold for a price of $40,500,000. The property spans a total area of 133,924 square feet, resulting in a price per square foot of $302.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $40,500,000
- Address: 1600 Woodbury Ave, Portsmouth, NH
- Market: Portsmouth, NH
The sale of this retail property was facilitated by brokers Justin Smith, Scott Black, Sam Koonsey, Molly Lynch, and Ben Starr from Atlantic Capital Partners. They represented the parties involved in the transaction and ensured a successful deal.
On the Map
$40,500,000
$302/SF
Retail
View full map
Players
Portsmouth Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Ben Starr to view all their deals.
Browse New Hampshire retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93