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Retail Property Sold For $5.23M At 926 South Willow Street In Manchester

Property Image
SOLD
$5,230,000

New Hampshire

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Retail19,738 SF
Sold 03/14/2025
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Property Image
SOLD

Retail Property Sold For $5.23M At 926 South Willow Street In Manchester

926 South Willow Street & 950 South Willow Street

See Similar Deals
Retail19,738 SF
Sold 03/14/2025
Contact now

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.

Players

Robert (Bob) Horvath
112 deals$556.4M volume
BROKER

Todd Tremblay
Horvath & Tremblay
103 deals$515.2M volume
BROKER

Aaron Huntley
Horvath & Tremblay
15 deals$71.9M volume
BROKER

Details

SOLD
IMAGE: Aaron Huntley, Robert Horvath & Todd Tremblay DATE: 03/14/2025 ADDRESS: 926-950 South Willow Street MARKET: Manchester, NH ASSET TYPE: Retail BROKERS: Aaron Huntley (@Aaron_Huntley), Robert Horvath & Todd Tremblay - Horvath & Tremblay SALE PRICE: $5,230,000 SF: 9,869 ~ PPSF: $530 NOTE: Horvath & Tremblay brokered the $5.23M sale of South Willow Shops, a fully leased 9,869 SF retail plaza in Manchester, NH. The property, located on South Willow St. along Route 28, is home to tenants including Chipotle, Mattress Firm, Hannoush Jewelers, and The Great Greek Mediterranean Grill.

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Deal Type
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