Monitor Drive & Hannah Dustin Drive
Industrial
for Sale
| Catylist Listing ID: |
30357164 |
| Property Subtypes: |
Flex Space, Manufacturing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution
|
| Building Size (RSF): |
70,313 SF
|
| Gross Land Area: |
16 - 103.65 Acres
|
| Sale Price: |
$6,495,000 |
| Unit Price: |
$92.37 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: |
2/18/2019 |
Overview / Comments
AVAILABLE FOR SALE: 1 Monitor Drive and Hannah Dustin Drive in Concord, New Hampshire. This is an exceptional opportunity to acquire a unique and well-constructed +/- 70,313 industrial/flex building that is comprised of a +/- 37,892 SF three-story office building adjacent to a +/- 32,421 SF industrial/warehouse/distribution building. Originally developed in 1989, 1 Monitor Drive was constructed on an +/- 87.65 acre parcel of land directly abutting an +/-16 acre parcel of land on Hannah Dustin Drive. Combined these parcels total +/-103.65 acres of pre-dominantly level land. Both parcels are bordered on the west by the Merrimack River and bordered on the east by Interstate 93 and the New England Southern Railroad.
The Seller is currently evaluating a subdivision of the land and building, potentially allowing for the purchase of 1 Monitor Drive (on a 12 to 16 acre parcel) separate from the remaining land parcel.
The industrial/warehouse/distribution portion of the building is comprised of three adjacent sections that have clear heights of +/- 14’ up to +/- 28’ and column spacing of up to +/- 22’ x 40’. 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 and land are serviced by municipal water, sewer, and natural gas. 1 Monitor Drive has a wet sprinkler system throughout, with a dry sprinkler system serving a portion of the warehouse area.
Hannah Dustin Drive is accessed from Whitney Road and is less than ½ mile from Exit 17 on Interstate 93. 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.
|
Financials
| Finance Data Year |
2018 |
| Real Estate Taxes - Annual($) |
$170,491 (Annual) |
Additional Details
| Nearest MSA: |
Concord |
| County: |
Merrimack |
| Tax ID/APN: |
12/P 1/ / / |
| Zoning: |
INDUSTRIAL |
| Property Located Between: |
Exit 16 and 17 off of Interstate 93 |
| Highway Access: |
Hannah Dustin Drive is accessed from Whitney Road and is less than ½ mile from Exit 17 on Interstate 93. 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. |
| Rail Access: |
Yes |
| Airports: |
Concord Airport / Manchester Regional Airport |
| Site Description: |
+/- 16 Acres up to 103.65 Acres, sub-dividable. |
| 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 |
| Amps: |
2,500 |
| X-Phase: |
3 Phase |
| Heat Type: |
Natural Gas |
| 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 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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