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
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