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Horvath & Tremblay Represents Massachusetts Buyer In $7.5M Sale Of Concord Retail Property
SOLD
$7,500,000
New Hampshire
See Similar DealsRetail65,868 SF
Sold 08/21/2025
SOLD
Horvath & Tremblay Represents Massachusetts Buyer In $7.5M Sale Of Concord Retail Property
20 D'amante Drive
See Similar DealsRetail65,868 SF
Sold 08/21/2025
Summary
NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$113
Total Square Footage:65,868 SF
Transaction Type:Sale
A retail property located at 20 D'amante Drive in Concord, NH, was sold for $7,500,000. The asset encompasses 10.6 acres with a total area of 65,868 square feet. The price per square foot for this transaction is $114.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,500,000
- Address: 20 D'amante Drive
- Market: Concord, NH
- Asset Size: 65,868 square feet
- Price Per Square Foot: $114
- Buyer's Representative: Horvath & Tremblay
- Seller's Representative: Julius Swolsky & Shannon Bona - CrownPoint Partners
The seller was associated with an ARCTRUST affiliate, highlighting the connectivity of institutional stakeholders in the retail property market. The transaction was facilitated by Horvath & Tremblay, who represented the Massachusetts-based private buyer in this deal.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$400,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,645.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,553.83
Annual Debt Service$426,645.92
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