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270 Amherst Street, Nashua,...

Linear Retail Properties, LLC Acquires Retail Property In Nashua, NH For $10.1M
SOLDRetail

Linear Retail Properties, LLC Acquires Retail Property In Nashua, NH For $10.1M

270 Amherst Street, Nashua, New Hampshire 03063, United States

$10,100,000

$254/SF

Building Size

39,750 SF

Asset Type

Retail

Closing

Apr 6, 2022

AI

Linear Retail Properties, LLC has acquired a retail property located at 270 Amherst St in Nashua, NH. The property spans approximately 39,750 square feet and was sold for a total of $10,100,000, resulting in a price per square foot of $254.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $10,100,000
  • Address: 270 Amherst St, Nashua, NH
  • Market: Nashua, NH
  • Buyer: Linear Retail Properties, LLC - Aubrey Cannuscio
  • Seller's Representative: Justin Smith - Atlantic Capital Partners

Aubrey Cannuscio, representing Linear Retail Properties, LLC, acted as the buyer in the transaction. On the other side, Justin Smith, from Atlantic Capital Partners, served as the seller's representative.

Players

Justin Smith

Atlantic Retail

Broker

$627.5M

vol

31 deals

Broker
LL
Linear Retail Properties, LLCBuyer

Nashua Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.57%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93