Class A Office Space for Sublease in Downtown Portsmouth

Office for Lease
Catylist Listing ID: 30780163
Property Subtypes: Mixed Use, Office Building
Building Status: Under Construction
Contiguous Space: 2,803 - 7,362 SF
Total Available: 14,726 SF
Building Size (RSF): 7,362 SF
Gross Building Area: 96,782 SF
Gross Land Area: 0.53 Acres
Lease Rate: $43 PSF (Annual)
Base Monthly Rent: $10,044 - 26,380
Lease Types: Full Service, Absolute Gross
Class of Space: Class A
Usable Size (USF): 7,362 SF
Last Updated: 9/30/2022

Overview / Comments

7,362± SF executive office space located in the heart of downtown Portsmouth will be available for sublease August 2022. 60 Penhallow Street is a one-of-a-kind construction by McNabb Properties. This newly constructed first class office at Brick Market boasts striking architectural features and bold and modern finishes throughout, making it a premier location for your business.
The street level retail/restaurant space will be home to Hearth Market. A trendy open air market offering a large variety of food and beverage options from take out to sit down dining. The large lighted outdoor patio will have lots of outdoor seating, music and live entertainment.
With construction underway, current build-out plans include perimeter offices with stunning views, conference rooms and open collaborative space. Multiple access points for privacy and confidentiality. The space is offered at a full service gross lease, with sub-landlord paying utilities, the real estate taxes, and other common area charges.
Located in the heart of Portsmouth and steps away from all the amenities including renowned restaurants, cafes, art galleries, shopping, entertainment venues and the waterfront. Available August 1, 2022.

Expand All 3 Spaces Available

Suite: 1 7,362 SF $43 PSF (Annual) Absolute Gross
Suite: 1A 4,561 SF $43 PSF (Annual) Absolute Gross
Suite: 1B 2,803 SF $43 PSF (Annual) Full Service,Absolute Gross

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: City of Portsmouth
Tax ID/APN: 0107-0027-0000
Zoning: CD4 W/ HISTRORIC OVERLAYS
Property Located Between: Between Daniel St, Penhallow St, Sheafe St, and State Street
Property Visibility: Excellent
Highway Access: Quick access to Route 1, Route 1 By-pass, and I-95
Site Description: Located in the heart of Portsmouth on the corner of Penhallow and Daniel St offering an unparalleled office and retail opportunity.
Area Description: The historic city of Portsmouth has established itself as a business, financial, medical and retail landmark. It is a progressive, energetic city with strong historical roots, modern office buildings, and a diverse local food and art community.
Total Number of Buildings: 1
Number of Stories: 4
Year Built: 2021
Roof Type: Other
Parking Type: Other
Parking Description: City garage, street parking. Flat and paved.
Passenger Elevators: 2
Heat Type: Natural Gas
Heat Source: Heat Pump
Air Conditioning: Engineered System
Zoning Description: Character District 4/ with historic overlays.
Lot Frontage: 287
Water Service: Municipal
Sewer Type: Municipal

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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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