14 & 20 Star Drive

Industrial for Sale
Catylist Listing ID: 30506774
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 26,320 SF
Gross Land Area: 1.19 - 3.03 Acres
Sale Price: $1,995,000
Unit Price: $75.80 PSF
Ceiling: 20 ft. Clear
Docks/Doors: 7 Docks
Drive In Bays: 6 Bays
Property Use Type: Net Leased Investment (NNN)
Building Name: Star Drive
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/5/2020

Overview / Comments

14 Star Drive has a new, single-tenant lease in place and includes a +/- 5,820 SF two-story Industrial/Commercial building on a + /- 1.833 corner lot in Merrimack, NH. Current layout of the building consists of a large open bay area with four overhead doors. There are 2 overhead drive-in doors on the left side of the building that are 10’ x 14’ high (closed off temporally) and 2 overhead drive-in doors on the right side of the building that are 10’ x 10’ high. There are 2 overhead drive-in doors in the rear of the building that are 8’ x 14’ high.

20 Star Drive includes +/- 20,500 SF single-story Industrial/Commercial building situated on +/- 1.193 acres and abuts an old railroad spur. The building consists of 7 loading docks, 4 baths, 7 offices and storage space, and the potential for rail access. The building is 100% leased to two tenants with relatively short lease terms remaining.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 003D-1 000011/12
Zoning: 03
Highway Access: Convenient location with easy access to NH Route 3 and I-93 North & South. Just 0.8 miles south of exit 11 off of the Everett Turnpike Route 3.
Rail Access: Yes
Airports: Manchester-Boston Regional Airport
Site Description: Potential rail access
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1958
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Column Spacing: Varied
Zoning Description: Industrial

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,176 23,154 88,103
Median Age: 39.58 39.79 39.47
Households: 983 9,005 32,954

Contact

Photograph of Listing Agent

Deane Navaroli

William & Reeves, LLC.
NECPE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.