60 Penhallow at Brick Market
Office
for Lease
| Catylist Listing ID: |
30645069 |
| Property Subtypes: |
Office Building
|
| Building Status: |
Under Construction |
| Contiguous Space: |
9,000 - 37,663 SF |
| Total Available: |
36,350 SF |
| Gross Building Area: |
96,782 SF |
| Lease Rate: |
$37 - 40 PSF (Annual)
|
| Base Monthly Rent: |
$57,846 - 62,536 |
| Lease Types: |
NNN |
| Class of Space: |
Class A |
| Core Factor: |
14.77% |
| Last Updated: |
2/23/2021 |
Overview / Comments
Spectacular presence like no other in the heart of downtown Portsmouth, this nearly 100,000 square foot building will include two levels of underground parking, three levels of roof decks, a unique community open air cafe with built-in benches, as well as many interior amenities.
Site features include meandering walk-ways with great visual impact, including special catenary lighting to invite pedestrians safely through our Brick Market site and on to the waterfront, parks, culture, historical and revitalized neighorhoods of our City. Designed to include several public outdoor seating areas with a focus on the local "arts", including outdoor performances, this uniquely designed hardscape is sure to ignite the downtown hub with not just one, but two spectacular entrance points.
With the first floor already leased to Hearth Market, the nearly 17,000 square foot open market will provide various food and beverage options to those living, working and visiting downtown for sit-down or take-out offerings for breakfast, lunch, and dinner.
Office tenants will have full access to the fourth floor roof deck of 2,882 square feet which is slated to feature spectacular views, lots of outdoor seating with open lounge space, and a "We Work" concept of 9,426 square feet for your immediate or long-range term growth.
|
| Level/Floor: |
2 |
| Space Available: |
18,761 SF |
| Minimum Divisible: |
9,000 SF |
| Max Contiguous: |
37,663 SF |
| Lease Rate: |
$37 - 40 PSF (Annual)
$57,846 - 62,536 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Owner's team will work with prospective tenant(s) to design the space to meet their desired fit and finishes, with a minimum level of improvements set early on. With groundbreaking just underway, the options are endless. Presently designed to accommodate numerous collaboration areas, private and open offices, restrooms with showers, cafe/kitchen areas and superb natural light throughout..
Second floor has 847 roof deck area. |
| Date Available: |
11/1/2021 |
| Lease Term: |
60 Months |
| Space Type: |
New |
| Kitchen |
Yes |
| Tax Expenses |
$4 PSF (Annual) |
| Level/Floor: |
3 |
| Space Available: |
17,589 SF |
| Minimum Divisible: |
9,000 SF |
| Max Contiguous: |
37,663 SF |
| Lease Rate: |
$37 - 40 PSF (Annual)
$54,232 - 58,630 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Owner's team will work with prospective tenant(s) to design the space to meet their desired fit and finishes, with a minimum level of improvements set early on. With groundbreaking just underway, the options are endless. Presently designed to accommodate numerous collaboration areas, private and open offices, restrooms with showers, cafe/kitchen areas and superb natural light throughout.
Full floor plate of 17,589 RSF with one roof deck dedicated to the 3rd floor or 466 s.f. |
| Date Available: |
11/1/2021 |
| Lease Term: |
60 Months |
| Space Type: |
New |
| Kitchen |
Yes |
| Tax Expenses |
$4 PSF (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Taxing Authority: |
City of Portsmouth |
| Tax ID/APN: |
0107-0027-0000 |
| Zoning: |
CHARACTER DISTRICT 4 W/ HISTORIC & DISTRICT OVERLAYS |
| Property Located Between: |
Daniel, Penhallow, Pleasant and State Streets |
| Property Visibility: |
Excellent |
| Highway Access: |
Nearby access to Route 1, Route 1 Bypass and I-95 |
| Site Description: |
Situated at the corners of Penhallow and Daniel Street and just a few feet away from Congress, Market, Pleasant and State Street, this property is truly at the center of our City. |
| Area Description: |
A mix of residential high end homes, across the street from a local bakery, renowned restaurant, a block from the water, and other local attractions, this uniquely designed building will bring exceptional high end finishes from the past to the future, without compromising either. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
4 |
| Typical SF / Floor: |
18,000 SF |
| Year Built: |
2021 |
| Roof Type: |
Other |
| Construction/Siding: |
Brick |
| Parking Type: |
Underground |
| Parking Description: |
Negotiable based on tenant, terms, etc., |
| Passenger Elevators: |
2 |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Part of Planned Development?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,213 |
27,078 |
43,375 |
| Median Age: |
40.65 |
42.18 |
42.94 |
| Households: |
4,910 |
12,771 |
19,637 |
|
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The information presented herein is provided as is, without warranty of any kind.
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