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): |
77,330 SF
|
| Gross Land Area: |
8.21 Acres
|
| Sale Price: |
$3,350,000 |
| Unit Price: |
$43.32 PSF |
| Ceiling: |
22 ft. Clear |
| Docks/Doors: |
3 Docks |
| Property Use Type: |
Vacant/Owner-User, Business |
| Building Name: |
1 Monitor Drive |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/1/2021 |
Overview / Comments
AVAILABLE FOR SALE: This is an exceptional opportunity to acquire a unique and well-built +/-77,330 industrial/flex building that is comprised of a +/-40,260 SF three-story office space adjacent to +/-37,070 SF of industrial/warehouse/distribution space. Originally developed in 1989, the building parcel is bordered on the west by the Merrimack River and bordered on the east by Interstate 93 and the New England Southern Railroad.
The industrial/warehouse/distribution portion of the building is comprised of three adjacent sections that have clear heights between +/-12 ft up to +/-28 ft and column spacing of up to +/-22 ft x 40 ft. The building offers three loading docks with levelers. It presents an excellent opportunity for companies seeking a mix of office and industrial space for their office, warehouse, distribution, storage, or high-tech manufacturing/production requirement.
The building is serviced by municipal water, sewer, and natural gas. 1 Monitor Driver has a wet sprinkler system throughout, with a dry sprinkler system serving a portion of the warehouse area. 1 Monitor Drive is less than 3.5 miles from Exit 16 on Interstate 93.
An additional +/-99.44 acre parcel of land on Hannah Dustin Drive is available for purchase. Combined these parcels total +/-103.65 acres of predominantly level land.
|
Financials
| Finance Data Year |
2018 |
| Real Estate Taxes - Annual($) |
$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: |
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 |
| 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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