facebook

traded

+ Submit
Home

/

Deals

/

New Hampshire

/

Retail

/

Sale

/

18 Lowes Drive

Stefan Frey Of Commonwealth Commercial Advisors Represents Buyer In Retail Sale For $2.6M In Tilton NH
SOLDRetail

Stefan Frey Of Commonwealth Commercial Advisors Represents Buyer In Retail Sale For $2.6M In Tilton NH

18 Lowes Drive

$2,600,000

$426/SF

Building Size

6,098 SF

Asset Type

Retail

Closing

Sep 30, 2024

AI

The property asset involved in this transaction is a retail space located at 18 Lowes Drive in Tilton, NH. It encompasses a total square footage of 6,098 and was sold for a transaction amount of $2,600,000, equating to a price per square foot of $426.

Summary of transaction details:

NNN Pro represented the seller in this transaction alongside their broker of record, Bang Realty-New England, Inc, which was involved in the sale of Frontera Tacos & Tequila located in Tilton, NH.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

Northfield 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93