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Retail Property Sold For $5.23M At 926 South Willow Street In Manchester
SOLD
New Hampshire
See Similar DealsRetail19,738 SF
Sold 03/14/2025
SOLD
Retail Property Sold For $5.23M At 926 South Willow Street In Manchester
926 South Willow Street & 950 South Willow Street
See Similar DealsRetail19,738 SF
Sold 03/14/2025
Summary
NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$265
Total Square Footage:19,738 SF
Transaction Type:Sale
The retail property located at 926 South Willow Street in Manchester has been sold for $5,230,000.00. With a total square footage of 9,869.0, this transaction highlights a significant investment in the retail sector within the market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,230,000.00
- Address: 926 South Willow Street
- Market: Manchester
- Square Footage: 9,869.0
The transaction was brokered by Robert (Bob) Horvath, Todd Tremblay, and Aaron Huntley, all from Horvath & Tremblay, representing the parties involved in this retail property deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$278,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,581.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,792.87
Annual Debt Service$297,514.42
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