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Concord D’Amante LLC Sells Retail Property At 20 D'amante Drive In Concord NH For $7.5M
SOLD
New Hampshire
See Similar DealsRetail65,868 SF
Sold 07/31/2025
SOLD
Concord D’Amante LLC Sells Retail Property At 20 D'amante Drive In Concord NH For $7.5M
20 D'amante Drive
See Similar DealsRetail65,868 SF
Sold 07/31/2025
Summary
NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$113
Total Square Footage:65,868 SF
Transaction Type:Sale
This transaction involves the sale of a retail asset located at 20 D'amante Drive in Concord, NH. The property was sold for a total of $7,500,000, encompassing a total area of 65,868 square feet. The price per square foot for this transaction stands at $114.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,500,000
- Seller: Concord D’Amante LLC
- Buyer’s Representative: Horvath & Tremblay
- Seller’s Representative: Julius Swolsky & Shannon Bona - CrownPoint Partners
- Square Footage: 65,868
- Price Per Square Foot: $114
- Market: Concord, NH
CrownPoint Partners facilitated this all-cash sale of a single-tenant Shaw’s grocery store on behalf of the seller, Concord D’Amante LLC, to a private investor based in Massachusetts.
Players
BROKERAGE
BROKERAGE
Details
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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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