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.
Barrington 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93