Cleeman Realty Group Sells Retail Property In Littleton, NH For $11.2M
SOLD
$11,200,000
New Hampshire
See Similar DealsRetail55,196 SF
Sold 05/06/2022
SOLD
Cleeman Realty Group Sells Retail Property In Littleton, NH For $11.2M
625 Meadow Street, Littleton, New Hampshire 03561, United States
See Similar DealsRetail55,196 SF
Sold 05/06/2022
Summary
NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$202
Total Square Footage:55,196 SF
Transaction Type:Sale
The retail property located at 625 Meadow St in Littleton, NH has been sold for a total of $11,200,000. The transaction took place on 05/06/2022. The property spans approximately 9 acres and has a total area of 55,196 square feet. The price per square foot comes out to be $203.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $11,200,000
- Date: 05/06/2022
- Address: 625 Meadow St, Littleton, NH
- Market: Littleton, NH
- Asset Type: Retail
- Acres: 9
The sale of this retail property was facilitated by Jeremy Scheer & Michael Cleeman from Cleeman Realty Group. They represented the buyer and seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$597,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,791.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,093.71
Annual Debt Service$637,124.57
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