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639 Lafayette Road, Hampton...

Horvath & Tremblay Brokers Sell Retail Property In Hampton, NH For $9.6M
SOLDRetail

Horvath & Tremblay Brokers Sell Retail Property In Hampton, NH For $9.6M

639 Lafayette Road, Hampton, New Hampshire 03842, United States

$9,580,000

$2,355/SF

Building Size

4,068 SF

Asset Type

Retail

Closing

Feb 24, 2022

AI

A retail property located at 639 Lafayette Rd in Hampton, NH has been sold for a price of $9,580,000. The property encompasses an area of 1 acre and has a total square footage of 4,068. The sale price per square foot is calculated to be $2,355.

Summary of Transaction Details:

  • Property Type: Retail
  • Transaction Amount: $9,580,000
  • Address: 639 Lafayette Rd, Hampton, NH
  • Market: Hampton, NH
  • Acres: 1

The sale of this property was facilitated by the brokers Hobart Hare & Daylan Skidmore from the agency Horvath & Tremblay. They represented the parties involved in the transaction.

Players

Hobart Hare

Horvath & Tremblay

Broker

$76.6M

vol

13 deals

Broker

Hampton 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

1.66%

Cash-on-Cash

-0.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93