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625 Meadow Street, Littleto...

Cleeman Realty Group Sells Retail Property In Littleton, NH For $11.2M
SOLDRetail

Cleeman Realty Group Sells Retail Property In Littleton, NH For $11.2M

625 Meadow Street, Littleton, New Hampshire 03561, United States

$11,200,000

$202/SF

Building Size

55,196 SF

Asset Type

Retail

Closing

May 5, 2022

AI

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.

Players

Michael Cleeman

Cleeman Realty Group

Broker

$185.6M

vol

19 deals

Broker

Littleton 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

1.42%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93