RPT Realty Acquires Retail Property In Newington, NH For $104M
45 Gosling Road, Newington, New Hampshire 03801, United States
$104,000,000
$203/SF
Building Size
510,000 SF
Asset Type
Retail
Closing
Apr 28, 2022
AI
Summary of transaction details
- Property Type: Retail
- Sale Price: $104,000,000
- Square Footage: 510,000
The property involved in this transaction is located at 45 Gosling Rd in Newington, NH. It is a retail asset with a sale price of $104,000,000. The property has a total square footage of 510,000. The transaction took place on 04/29/2022 in the Newington market.
RPT Realty, represented by Brian Harper, was the buyer in this deal. JLL's brokers, Dave Monahan, Chris Angelone, Nat Heald, Cameron Pittman, and Zach Nitsche, represented the buyer. They facilitated the transaction between RPT Realty and the seller.
Players
Newington 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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93