Net Leased Investment

Industrial for Sale
Catylist Listing ID: 30647947
Property Subtypes: Flex Space, Light Industrial, Net Leased
Building Size (RSF): 21,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.41 Acres
Sale Price: $2,200,000
Unit Price: $104.76 PSF
Ceiling: 9 ft. / 17 ft. Clear
Docks/Doors: 3 Docks
Drive In Bays: 1 Bay
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/23/2021

Overview / Comments

44 Chenell Drive is a 21,000± SF flex building in Concord, NH, that is net leased to a regional tenant. Building was constructed with several bays to accommodate multi-tenancy with flex space for office and/or industrial use. Built in 2008, this 1-story building features a metal roof, 4 HVAC systems, 4 gas space heaters, 3 mini split systems for the server room, and 800A/3 phase power. The building includes 3 loading docks, with the availability to create more, and 1 drive-in door. Parking is available for 50± vehicles. Location provides easy access to downtown Concord with several amenities nearby including retail, restaurants, I-393, and I-93.

Attachments & Media

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 100689
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2008
Total Parking Spaces: 50
Column Spacing: 25' x 37.5' 20' x 37.5'
Sprinklers: Wet
Amps: 800
X-Phase: 3
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: 750 23,301 49,966
Median Age: 36.37 39.33 40.37
Households: 275 10,484 19,979


Photograph of Listing Agent

Dan Scanlon, JD, CCIM

Colliers International NECPE Member
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