Class A Office Space for Sublease in Downtown Portsmouth
Office
for Lease
| Catylist Listing ID: |
30803245 |
| Property Subtypes: |
Mixed Use, Office Building
|
| Building Status: |
Under Construction |
| Contiguous Space: |
4,186 SF |
| Gross Building Area: |
96,782 SF |
| Gross Land Area: |
0.53 Acres
|
| Lease Rate: |
$38 PSF (Annual)
|
| Base Monthly Rent: |
$13,255 |
| Lease Types: |
Absolute Gross |
| Class of Space: |
Class A |
| Last Updated: |
4/19/2024 |
Overview / Comments
Only 4,186± SF of executive office space is now remaining in this sublease in this new construction at heart of downtown Portsmouth. 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 is 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 has lots of outdoor seating, music and live entertainment.
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.
|
|
Suite: 302
|
4,186 SF
|
$38 PSF (Annual)
Absolute Gross
|
| Level/Floor: |
3 |
| Space Available: |
4,186 SF |
| Lease Rate: |
$38 PSF (Annual)
$13,255 (Monthly)
|
| Lease Type: |
Absolute Gross |
| Date Available: |
7/1/2022 |
| Space Type: |
Sublet |
| Tax Expenses |
$1.08 PSF (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Taxing Authority: |
City of Portsmouth |
| Tax ID/APN: |
0107-0027-0000 |
| Zoning: |
HISTORIC |
| 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 |
| Construction/Siding: |
Brick |
| 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 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,213 |
28,228 |
43,375 |
| Median Age: |
40.65 |
42.05 |
42.94 |
| Households: |
4,910 |
13,306 |
19,637 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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