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165 N State St, Concord, NH...

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

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

Robert Horvath

Horvath & Tremblay

Broker

$564M

vol

114 deals

Broker

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

4.05%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93