Horvath & Tremblay Brokers Sell Retail Property In Hampton, NH For $9.6M
SOLD
$9,580,000
New Hampshire
See Similar DealsRetail4,068 SF
Sold 02/25/2022
SOLD
Horvath & Tremblay Brokers Sell Retail Property In Hampton, NH For $9.6M
639 Lafayette Road, Hampton, New Hampshire 03842, United States
See Similar DealsRetail4,068 SF
Sold 02/25/2022
Summary
NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$2,355
Total Square Footage:4,068 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$510,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,035.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,414.09
Annual Debt Service$544,969.05
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