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611 Amherst Street
Nashua, NH 03063
Asking Price
$3.58M
Cap Rate
7.25%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 7.25% CAP | 5,589 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a two- tenant retail center located at 611 Amherst Street in Nashua, New Hampshire (the “Property”). The two-tenant property is improved by Starbucks and Verizon and contains 5,589 square feet on a 2.74-acre parcel. Both Starbucks and Verizon have been at the center since 2008 and have exercised renewal options, demonstrating their commitment to the site and the market. Starbucks has just under 2 years remaining on
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NOI
$80,000
Cap Rate
2.24%
DSCR
0.38
Underwater
Cash-on-Cash
-12.34%
Monthly Payment
$17,704.431
Annual Cash Flow
$-132,453.17
