Updated Oct 28, 2024
Torrington Properties Acquires Retail Property In Newington, NH From Urstadt Biddle Properties Inc. For $13.3M
2026 Woodbury Ave, Newington, NH, USA
$13,300,000
$130/SF
Building Size
102,000 SF
Asset Type
Retail
Closing
Aug 31, 2021
About this deal
AI
The retail property located at 2026 Woodbury Ave in Newington, NH has been sold. The property, spanning 102,000 square feet and situated on a 15-acre lot, was transacted for a sale price of $13,300,000. This translates to a price per square foot of $130 and a price per acre of $886,667.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $13,300,000
- Address: 2026 Woodbury Ave, Newington, NH
- Square Footage: 102,000
- Price per Square Foot: $130
- Lot Size: 15 acres
- Price per Acre: $886,667
The seller of the property was Urstadt Biddle Properties Inc. The buyer, Torrington Properties, represented by Jay Bisognano, acquired the retail asset.
On the Map
$13,300,000
$130/SF
Retail
View full map
Players
Newington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Jay Bisognano to view all their deals.
Browse New Hampshire retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93