Horvath & Tremblay Brokers Assist In $3.92M Retail Property Sale In Concord, NH
165 N State St, Concord, NH, USA
$3,918,000
$266/SF
Building Size
14,693 SF
Asset Type
Retail
Closing
Jun 10, 2021
AI
165 North State St. in Concord, N.H has been sold in a recent retail property transaction. The deal was facilitated by brokers Dan Bernardini and Bob Horvath from Horvath & Tremblay. The property, spanning 14,693 square feet, was sold for a price of $3,918,000, resulting in a price per square foot of $267. Situated on 2.06 acres, the property was valued at an average price per acre of $1,901,942.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $3,918,000
- Square Footage: 14,693
- Price per Square Foot: $267
- Address: 165 North State St., Concord, N.H
- Market: Concord, N.H
- Acres: 2.06
- Price per Acre: $1,901,942
Dan Bernardini and Bob Horvath from Horvath & Tremblay played a key role in the transaction as the brokers representing the parties involved in the deal.
Players
Concord Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.05%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93