41 Crystal Ave C093–Drive thru restaurant and Land

Retail-Commercial for Sale
Catylist Listing ID: 2113588
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Other
Building Size (RSF): 2,334 SF
Gross Land Area: 7 Acres
Sale Price: $1,695,000
Unit Price: $726.22 PSF
Ceiling: 10 ft.
Property Use Type: Business
Building Name: Great America Subs
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/21/2018

Overview / Comments

Current Lease in place until 2017..Possible buy out option! The building is located next to a shopping center and other franchises Mc Donalds, ect. Along with 6.24 ac of land Build 40,000 with 200 parking. This property already has the drive thru.The building is located on the Hwy 93 corridor near the Mass border in Derry NH. on Crystal ave downtown. Has an 40 month existing lease that can be taken over within 60 days. Building can also be purchased separate from land. Located with frontage on Crystal Ave with additional prime land available

Financials

Finance Data Year 2011
Real Estate Taxes - Annual($) $22,600 (Annual)
Assessed Value - Total($) $1,015,600 (Annual)
Loan Amount $1,200,700
Down Payment $425,000
Interest Rate (APR) 6
Finance Data Year 2010
Real Estate Taxes - Annual($) $22,600 (Annual)
Assessed Value - Total($) $1,015,600 (Annual)
Loan Amount $1,200,700
Down Payment $425,000
Interest Rate (APR) 6
Finance Data Year 2009
Real Estate Taxes - Annual($) $28,314 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: DERY-000032-000025-000002
Zoning: GEN COMMERCIAL
Market Type: Large
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Crystal Ave
Feet of Frontage: 160
Traffic/Vehicle Count: 20,000
Transportation: Highway, Airport
Highway Access: exit 4 hwy 93 to crystal go left to site or exit5 hwy 93 towards Derry to site
Site Description: Flat additional 4 acres of buildable land. Build up to 40,000 sq. ft. and up to 200 parking spots
Area Description: Busy Shopping Area with many franchises, Shopping Center and Schools next to the location.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,334 SF
Property Condition: Good
Year Built: 1990
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: stucco, glass
Total Parking Spaces: 35
Parking Type: Surface
Parking Description: Flat, Paved with a drive-way
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: fit up with seating needs sign boards and some appliances
Zoning Description: General Commercial
Lot Frontage: 160

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,376 33,959 65,258
Median Age: 36.5 38.6 39.35
Households: 4,092 13,269 24,032

Contact

© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.