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:
- Property Type: Retail
- Transaction Amount: $3,800,000
- Sale Date: 09/20/2024
- Buyer's Representative: Stefan Frey - Commonwealth Commercial Advisors
- Seller's Representatives: Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia & Kevin Burke - NNN Pro Group
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
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