CAPITOL CITY INDUSTRIAL CENTER

Industrial for Lease
Also listed as Office
Catylist Listing ID: 12155414
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other
Contiguous Space: 110,000 SF
Building Size (RSF): 191,300 SF
Gross Land Area: 21.49 Acres
Lease Rate: $2.95 - 6.50 PSF (Annual)
Base Monthly Rent: $27,041 - 59,583
Lease Types: NNN
Ceiling: 14 ft.
Docks/Doors: 4 Docks
Building Name: Capitol City Industrial Center former Rivco Building
Last Updated: 11/22/2021

Overview / Comments

This large industrial and mixed use facility offers municipal water, sewer, natural gas and rail within a 500 ft proximity. It is located at 77 Merrimack Street in Penacook, NH and is now in the ECONOMIC REVITALIZATION ZONE - Penacook Tax Increment Finance District. Years ago this was the headquarters for Rivco, Inc.

The property can be subdivided into as smaller units. Additional lower ceiling space is available with loading docks. A rare find in the Concord, NH area! A total of approximately 110,000 +/- SF remaining of manufacturing, warehousing and office space. The REMAINING space currently has 9' to 14' ceilings. All the "high bay" has been leased at this time.

Approximately 10,000 SF of office space available plus other areas in the building ideal for office, creative office environment, artisans, light manufacturing.

Combination of steel & wood framing & concrete block / brick construction

Office space has rooftop HVAC (natural gas)
Manufacturing heat: Rooftop make up air (natural gas).

There is a total of approximately 72,000 SF of manufacturing and office space available.

3 wet sprinkler system and 3 dry sprinkler systems

240 Volt delta main service
277/480 volt

Total NNN expenses budgeted are $1.84 PSF which includes Common Area Maintenance (CAM), building insurance and real estate taxes.

Join our newest Tenant - The Concord Monitor leasing the 44,006 SF of high bay space and Company C leasing 36,000 SF. of high bay space.

Expand All Available Space

Available Space 110,000 SF $2.95 - 6.50 PSF (Annual) NNN
Level/Floor: 1
Space Available: 110,000 SF
Lease Rate: $2.95 - 6.50 PSF (Annual)
$27,041 - 59,583 (Monthly)
Lease Type: NNN
Space Description: Total building size is 190,794 +/- SF - currently now available 110,000 +/- SF. See attached for floor plans, site plans and lease rates on individual units.

10,000 SF +/- of office space at $6.50 PSF NNN.

NNN expenses are currently $1.84 PSF. Tenant to pay own utilities, interior cleaning, internet, telephone and NNN expenses.

See attached for lease rates on each section.


Ceiling height of remaining space is 9 feet to 14 feet depending on location in building. There is one area in the building with a loading dock that has higher ceilings. The high bay space has been leased.

Additional loading docks can be added to the Lower Level lease space and an overhead drive-in door can be added as well.


Additional office, creative artisan space or manufacturing space available. SEE ATTACHED LEASE RATES.

Budgeted NNN Expenses for 2021 are $1.84 PSF.
Space Subcategory: Warehouse/Distribution, Manufacturing
Date Available: 10/3/2019
Space Type: New
Parking Spaces 175
Tax Expenses $0.63 PSF (Annual)
Operating Expenses $1.21 PSF (Annual)
Ceiling 14 ft. Clear
Loading Docks 4

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 0534/P 3/ / /
Zoning: INDUSTRIAL - IN
Market Type: Large
Property Located Between: 5 minutes from Exit 17 off Interstate 93
Road Type: Paved
Transportation: Rail, Highway, Other
Highway Access: Minutes from Interstate 93. Interstate 93 north, Exit 17, take right at ramp, cross over 2 bridges: the 1st is NH Veterans Memorial Bridge - you are crossing over the river, the 2nd bridge immediately following, you are crossing over the rail road tracks. Take first left (Tremont St not easily marked) where sign says "to Penacook". Cross over a 3rd bridge and take first left onto Macoy Street (right after 3rd bridge). Property is almost immediately on your left at corner of Macoy Street and Merrimack Street.
Site Description: Total Land area of 21.49 Acres. City water and sewer. North side is 17.9 acres with 191,300 +/- SF building. Includes 814 feet of frontage on the north side of Merrimack Street, 455 feet on the northeast side of Bridge Street and approximately 500 feet on the Contoocook River. The north side property includes two parking areas of 62 striped spaces and 60 striped spaces in separate designated parking areas surrounding the main facility. The south side property consisting of 3.59 acres of land includes approximately 389 feet of frontage on the south side of Merrimack Street and 151 feet on the east side of Rolfe Street. Located across the street from the main 191,300 +/- SF facility. Access to this area is primarily from Merrimack Street with access from Rolfe Street. Includes 53 striped spaces. Potential site for a build to suit.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1925
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Metal Siding, Steel Frame, Wood Frame, Other
Parking Type: Structure, Surface
Total Parking Spaces: 175
Column Spacing: 0000
Sprinklers: Wet, Dry
X-Phase: 3
Heat Source: Central, Wall Units, Ceiling Units
Zoning Description: IN - Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 922 12,680 29,303
Median Age: 39.55 38.05 39.51
Households: 386 5,153 11,244

Contact

Photograph of Listing Agent

Wendy E. Keeler

Fairway Real Estate, LLC
NECPE Member
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