1 Monitor Drive

Industrial for Sale
Catylist Listing ID: 30357164
Property Subtypes: Flex Space, Manufacturing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution
Building Size (RSF): 73,830 SF
Gross Land Area: 8.21 Acres
Sale Price: $2,200,000
Unit Price: $29.80 PSF
Ceiling: 22 ft. Clear
Docks/Doors: 3 Docks
Property Use Type: Vacant/Owner-User, Business
Building Name: 1 Monitor Drive
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2024

Overview / Comments

AVAILABLE FOR SALE: This is an exceptional opportunity to acquire a unique and well-built +/- 73,830 industrial/flex building that is comprised of a +/- 40,260 SF three-story office space adjacent to +/- 33,570 SF of industrial/warehouse/distribution space. Originally developed in 1989, the building parcel is bordered on the west by the Merrimack River and bordered on the east by Interstate 93 and the New England Southern Railroad.
The industrial/warehouse/distribution portion of the building is comprised of three adjacent sections that have clear heights between +/-12 ft up to +/-28 ft and column spacing of up to +/-22 ft x 40 ft. The building offers three loading docks with levelers. It presents an excellent opportunity for companies seeking a mix of office and industrial space for their office, warehouse, distribution, storage, or high-tech manufacturing/production requirement.

The building is serviced by municipal water, sewer, and natural gas. 1 Monitor Driver has a wet sprinkler system throughout, with a dry sprinkler system serving a portion of the warehouse area. 1 Monitor Drive is less than 3.5 miles from Exit 16 on Interstate 93.


Finance Data Year 2018
Real Estate Taxes - Annual($) $170,491 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 12/P 1/ / /
Property Located Between: Exit 16 and 17 off of Interstate 93
Highway Access: Monitor Drive is less than 3.5 miles from Exit 16 on Interstate 93, directly accessible from Seawalls Falls Road, and in close proximity to NH State Route 3A, Route 4, and Route 132.
Airports: Concord Airport / Manchester Regional Airport
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Average
Year Built: 1989
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Eave Height: 28
Column Spacing: 22 x 40
Freight Elevators: 1
Sprinklers: Wet, Dry
Amps: 2,500
X-Phase: 3 Phase
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System, Package Unit
Lighting: Fluorescent
Zoning Description: https://library.municode.com/nh/concord/codes/code_of_ordinances?nodeId=TITIVZOCO_CH28ZOOR
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,965 12,980 39,115
Median Age: 35.44 39.93 39.6
Households: 1,163 5,428 15,605


Photograph of Listing Agent

Deane Navaroli

William & Reeves, LLC.
NECPE Member
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