3,000 s.f. Portsmouth Industrial/Warehouse

Industrial for Lease
Catylist Listing ID: 30634605
Property Subtypes: Flex Space, Food Processing, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution
Contiguous Space: 3,000 SF
Building Size (RSF): 3,000 SF
Gross Building Area: 24,830 SF
Lease Rate: $7.50 PSF (Annual)
Base Monthly Rent: $1,875
Lease Types: NNN
Ceiling: 18 ft.
Docks/Doors: 1 Dock
Usable Size (USF): 3,000 SF
Last Updated: 9/15/2020

Overview / Comments

Hard to find 3,000 of prime warehouse/industrial space in desirable Portsmouth location! Ample parking and signage. 3-phase power, loading dock and high-bay ceiling. General Business zoning perfect for many uses! Town water, sewer and natural gas heat.

Property located in Portsmouth EECONOMIC REVITALIZATION ZONES (ERZ). Possible tax credits of up to $200,000 available!

OVERVIEW
The City of Portsmouth has three economic revitalization zones (ERZ). The ERZ designation is an economic development tool allowed by state statute that creates incentive for companies to expand or relocate to an eligible area. Projects in an approved zone must create new jobs and expand the economic base and can range from the creation of new facilities to the rehabilitation of existing structures. State approval of ER Zones qualifies businesses expanding or relocating in these ER zones for tax credits outlined in RSA 162-N:8. Under the provisions of this statute, businesses in an approved ER Zone may be eligible for tax credits to be used against Business Profit Tax and Business Enterprise Tax up to a maximum of $40,000 annually for a five year period. Below is a summary of the current ERZ areas in Portsmouth.
http://www.cityofportsmouth.com/economic/erz.html

Expand All Available Space

Suite: Building #2 3,000 SF $7.50 PSF (Annual) NNN
Level/Floor: 1st
Space Available: 3,000 SF
Lease Rate: $7.50 PSF (Annual)
$1,875 (Monthly)
Lease Type: NNN
Space Subcategory: Warehouse/Distribution, Manufacturing
Date Available: 8/15/2020
Space Type: Relet
Tax Expenses $2.36 PSF (Annual)
Ceiling 18 ft. Clear
Loading Docks 1

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 35945
Zoning: INDUSTRIAL/COMMERCIAL
Property Located Between: Route 1 and Banefield Rd.
Highway Access: I-95
Airports: Boston & Logan
Area Description: Booming and highly desirable Portsmouth, Seacoast location!
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1998
Parking Type: Surface
Column Spacing: 30
Sprinklers: Wet
X-Phase: 3-phase
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,299 22,174 40,312
Median Age: 38.72 42.03 43.13
Households: 2,019 10,310 18,366

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