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170 North South Road

Tractor Supply Company Store Sold For $8 Million In North Conway, NH By Horvath & Tremblay
SOLDRetail

Tractor Supply Company Store Sold For $8 Million In North Conway, NH By Horvath & Tremblay

170 North South Road

$8,000,000

$420/SF

Building Size

19,028 SF

Asset Type

Retail

Closing

Feb 14, 2025

AI

The asset involved in the transaction is a retail property located at 170 North South Road in North Conway, NH. The property, which consists of 4.2 acres and was built in 2024, features a single-tenant space of 19,028 square feet. The sale price of the property was $8,000,000, with a price per square foot of $420. It has a 20-year net lease with 5% rent increases and is situated in the town’s primary retail area near major shopping centers.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,000,000
  • Address: 170 North South Road
  • Market: North Conway, NH
  • Acres: 4.2
  • Square Footage: 19,028
  • Price Per Square Foot: $420
  • Lease: 20-year net lease with 5% rent increases

The transaction was facilitated by brokers Bob Horvath, Todd Tremblay, and Matt Nadler from Horvath & Tremblay. The team played a crucial role in brokering the deal for the Tractor Supply Company store, ensuring a successful sale in the competitive real estate market of North Conway.

Players

Robert Horvath

Horvath & Tremblay

Broker

$564M

vol

114 deals

Broker

North Conway 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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93