INVESTMENT OPPORTUNITY

Industrial for Sale
Catylist Listing ID: 29989005
Property Subtypes: Flex Space, Free-Standing, Light Industrial
Building Size (RSF): 30,000 SF
Gross Land Area: 3.76 Acres
Sale Price: $3,200,000
Unit Price: $106.67 PSF
Ceiling: 18 ft. Clear
Docks/Doors: 13 Docks, 13 Doors
Office SF: 3,000 SF
Drive In Bays: 13 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 8/15/2019

Overview / Comments

This site consist of two prefabricated steel panel industrial buildings, one being 16,000SF and the other 5,000SF along with a cell tower. Located just off Manchester Street on a 3.76 acre lot with tenants in place. Present cap rate 7% with a potential improvement of 8.4%

Attachments & Media

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: CNCD-000110K-000001-000015
Zoning: INDUSTRIAL
Property Located Between: Manchester Street and Integra Drive
Highway Access: Has easy access to interstate 93
Airports: Concord Municpal Airport
Site Description: A level paved site that has ample parking and storage space
Area Description: Located next to NH lottery, self storage and industrial user on a dead end road.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,600 SF
Property Condition: Excellent
Year Built: 2009
Year Renovated: 2014
Roof Type: Arched
Construction/Siding: Metal Siding
Exterior Description: Located on a rectangular shaped parcel of land with two prefabricated steel buildings along with a cell tower.
Parking Type: Surface
Parking Description: Level paved stripped parking space
Column Spacing: 20'
Sprinklers: None
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Ceiling Units, Radiant
Air Conditioning: Evaporative Cooler
Lighting: High Pressure Sodium
Internet Access: Cable
Zoning Description: Industrial
Lot Frontage: 300'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,742 26,883 48,012
Median Age: 44.74 39.36 40.49
Households: 925 11,746 19,237

Contact

Photograph of Listing Agent

David Grappone

KW Commercial, NH
NECPE Member
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