Updated Dec 21, 2023
Horvath & Tremblay Brokers Acquire Retail Property In Merrimack, NH For $16.9M
360 Daniel Webster Highway, Merrimack, New Hampshire 03054, United States
$16,900,000
$209/SF
Building Size
80,795 SF
Asset Type
Retail
Closing
Mar 24, 2022
About this deal
AI
A retail property located at 360 Daniel Webster Hwy in Merrimack, NH has been sold. The property sits on approximately 14.08 acres of land. The transaction took place on 03/25/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $16,900,000
- Square Footage: 80,795
- Price per Square Foot: $209
- Address: 360 Daniel Webster Hwy, Merrimack, NH
- Market: Merrimack, NH
The property was sold by Bob Horvath & Todd Tremblay of Horvath & Tremblay. They represented the seller/buyer/landlord/tenant in the deal.
Players
Merrimack 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
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93