Griffin Park Investment Office Condominium

Office for Sale
Catylist Listing ID: 30870463
Property Subtypes: Business Park, Net Leased, Office Building
Condo? Yes
Building Size (RSF): 2,870 SF
Gross Building Area: See Agent
Sale Price: $750,000
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Griffin Park
Class of Space: Class A
Usable Size (USF): 2,870 SF
Sale Terms: Cash to Seller
Cap Rate: 7.9%
Last Updated: 4/14/2024

Overview / Comments

2,870 SF office condominium is available for sale in Griffin Park in Portsmouth, NH.

Unit 14, currently occupied by Haley Ward, consists of a waiting room, reception area, 10 private offices, a workstation area, a conference room, a kitchenette, and two restrooms.

Ample on-site undesignated parking. Located just off Exit 3, I-95 and in close proximity to Portsmouth Regional Hospital and other medical professionals. Easy access to downtown Portsmouth, Route 1, Route 16, and Route 33.

Lease term expiration is November 15, 2028. Financial information available upon the signing of the NDA.

Current Tenants

Tenant Business Name Haley Ward
Is Renting? Yes

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Portsmouth
Taxing Authority: City of Portsmouth
Tax ID/APN: 0263/ 0001/ 004M/ /
Is Condo?: Yes
Zoning: INDUSTRIAL
Property Visibility: Fair
Highway Access: Located just off Exit 3, I-95
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2004
Year Renovated: 2023
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,870 26,652 43,468
Median Age: 41.27 41.48 42.72
Households: 779 12,380 19,476

Contact

Photograph of Listing Agent

Abigail K. Bachman

Colliers International NECPE Member
Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
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