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2 Commerce Dr, Hooksett, NH...

Updated Dec 21, 2023

Horvath & Tremblay Brokers $14.9M Retail Sale In Hooksett, NH
SOLDRetail

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.

Players

Robert Horvath

Horvath & Tremblay

Broker

$614.5M

vol

118 deals

Broker

Hooksett Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $50 per square foot on a published $14.9M for 293,220 square feet (2020).

Visit Robert (Bob) Horvath to view all their deals.

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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

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