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333 Winchester Street

Stefan Frey Of Commonwealth Commercial Advisors Represents Buyer In Sale Of Retail Property For $3.8M
SOLDRetail

Stefan Frey Of Commonwealth Commercial Advisors Represents Buyer In Sale Of Retail Property For $3.8M

333 Winchester Street

$3,800,000

$616/SF

Building Size

6,163 SF

Asset Type

Retail

Closing

Sep 20, 2024

AI

The retail property located at 333 Winchester Street in Keene, NH has been sold for $3,800,000. The property comprises a total square footage of 6,163, resulting in a price per square foot of $616.

Summary of transaction details:

The NNN Pro Group, along with their broker of record Bang Realty-New England, Inc, represented the seller, which includes well-known tenants such as Chipotle, T-Mobile, and Gentle Dental in Keene, NH. Stefan Frey served as the buyer's representative in this transaction.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

Keene Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93