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528 & 532 Calef Highway Bar...

Desaulniers Commons, LLC Acquires Retail Property On Calef Highway For $1.15M
SOLDRetail

Desaulniers Commons, LLC Acquires Retail Property On Calef Highway For $1.15M

528 & 532 Calef Highway Barrington, New Hampshire 03825, USA

$1,150,000

$208/SF

Building Size

5,514 SF

Asset Type

Retail

Closing

Jul 7, 2023

AI

Colliers has completed the sale of 528 & 532 Calef Hwy in Barrington, NH for $1.15 million. The property, encompassing 4.29 acres, includes three buildings known as Knight's Garage and The Barrington Depot. The retail asset spans 5,514 square feet, with a price per square foot of $209.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $1,150,000
  • Address: 528 & 532 Calef Highway, Barrington, NH
  • Market: Barrington, NH
  • Acres: 4.29

The buyer, Desaulniers Commons, LLC, acquired the property from the seller, TRS Knight Family Rev Trust. Deane Navaroli from William & Reeves Commercial Real Estate represented the buyer, while Andrew Ward from Colliers represented the seller in the deal.

Players

Andrew Ward

Colliers

Broker

$13.5M

vol

4 deals

Broker

Barrington 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93