INVESTMENT OPPORTUNITY

Industrial for Sale
Catylist Listing ID: 30435004
Property Subtypes: Flex Space, Free-Standing, Light Industrial
Building Size (RSF): 68,550 SF
Gross Building Area: See Agent
Gross Land Area: 9.50 Acres
Sale Price: $4,200,000
Unit Price: $61.27 PSF
Ceiling: 18 ft. Clear
Office SF: 31,600 SF
Drive In Bays: 7 Bays
Property Use Type: Investment
Building Name: Fairpoint Building
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Last Updated: 2/21/2020

Overview / Comments

Built in 1988 as a Former Fairpoint Building located just North of Anheuser Busch facility, Everett Turnpike (exit 10). Located on 9.5 Acres that offers many opportunities to an investor as this a sale with a lease back by the seller with agreed terms. Footprint is expandable currently 37,,650+/- SF of manufacturing, warehouse or distribution.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Town of Merrimack
Tax ID/APN: 00004C-000099-000000
Zoning: INDUSTRIAL
Airports: Manchester/Boston Regional Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 37,650 SF
Property Condition: Good
Year Built: 1988
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick and Steel
Parking Type: Surface
Column Spacing: free spand
Sprinklers: Dry
X-Phase: Three Phase
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: High Pressure Sodium
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,237 31,596 99,233
Median Age: 40.73 39.25 39.34
Households: 565 12,164 37,784

Contact

Photograph of Listing Agent

David Grappone

KW Commercial, NH
NECPE Member
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