Updated Dec 21, 2023
Horvath & Tremblay Brokers $14.9M Retail Sale In Hooksett, NH
2 Commerce Dr, Hooksett, NH, USA
$14,900,000
$50/SF
Building Size
293,220 SF
Asset Type
Retail
Closing
Jun 22, 2020
About this deal
AI
A retail property located at 2 & 3 Commerce Dr in Hooksett, NH has been sold for a total of $14,900,000. The property spans a total area of 293,220 square feet, resulting in a price per square foot of $51. The transaction included two units, with each unit being sold for $7,450,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,900,000
- Address: 2 & 3 Commerce Dr, Hooksett, NH
- Market: Hooksett, NH
- Size: 293,220 square feet
- Price per Square Foot: $51
- Units: 2
- Price per Unit: $7,450,000
The sale of this retail property was facilitated by Bob Horvath from Horvath & Tremblay.
Hooksett 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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93