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276 North State Street
Concord, NH 03301
Asking Price
$1.61M
Cap Rate
8%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 8.00% CAP | 21,800 SqFt <p><strong>TENANTS:</strong>The two-tenant Property is fully leased to Taylor True Value Rental and Brine Team Sales. Taylor True Value Rental began a new, 6-year lease in 2023 that currently has 2+ years of term remaining. Brine Team Sales just began their second and final 1-year option, following an original one-year lease and their first 1-year option; the current term expires in January 2027.</p><p><strong>ATTRACTIVE RENT INCREASES: </strong>Taylor True Value rental is responsible for 69% o
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NOI
$80,000
Cap Rate
4.96%
DSCR
0.84
Underwater
Cash-on-Cash
-3.25%
Monthly Payment
$7,974.554
Annual Cash Flow
$-15,694.652
