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Horvath & Tremblay Brokers Assist In $3.92M Retail Property Sale In Concord, NH

Property Image
SOLD
$3,918,000

New Hampshire

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Retail14,693 SF
Sold 06/11/2021
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Property Image
SOLD

Horvath & Tremblay Brokers Assist In $3.92M Retail Property Sale In Concord, NH

165 N State St, Concord, NH, USA

See Similar Deals
Retail14,693 SF
Sold 06/11/2021
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Summary

NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$266
Total Square Footage:14,693 SF
Transaction Type:Sale

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

Robert (Bob) Horvath
113 deals$561.5M volume
BROKER

Daniel (Dan) Bernardini
Horvath & Tremblay
10 deals$33.6M volume
BROKER

Details

SOLD
IMAGE: Dan Bernardini & Bob Horvath DATE: 06/11/2021 ADDRESS: 165 North State St. MARKET: Concord, N.H ASSET TYPE: Retail BROKERS: Dan Bernardini & Bob Horvath - Horvath & Tremblay SALE PRICE: $3,918,000 SF: 14,693 ~ PPSF: $267 ACRES: 2.06 ~ PPA: $1,901,942

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$13,919.82
Cash-on-Cash Return-1.27%
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