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37 NH-106 Loudon, NH 03307,...

NNN Pro Group Acquires Retail Property In Loudon, NH For $1.76M
SOLDRetail

NNN Pro Group Acquires Retail Property In Loudon, NH For $1.76M

37 NH-106 Loudon, NH 03307, USA

$1,763,983

$193/SF

Building Size

9,100 SF

Asset Type

Retail

Closing

May 12, 2023

AI

The retail property located at 37 New Hampshire Highway 106 in Loudon, NH has been sold for a total transaction amount of $1,763,983. The property spans a total area of 9,100 square feet, resulting in a price per square foot of $194. The transaction was facilitated by brokers Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia of NNN Pro Group.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: $1,763,983
  • Address: 37 New Hampshire Highway 106, Loudon, NH
  • Market: Loudon, NH
  • Square Footage: 9,100
  • Price per Square Foot: $194

Brian Brockman, the broker of record for Bang Realty-New England, Inc, played a key role in this transaction as a representative. Broker details for the deal were as follows:

  • Name: Brian Brockman
  • Agency: Bang Realty-New England, Inc
  • License: O75993

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker

Loudon 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

8.99%

Cash-on-Cash

-2.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93