Strong Immediate Cash Flow

Office for Sale
Catylist Listing ID: 30822807
Property Subtypes: Business Park, Office Building, General
Building Size (RSF): 68,009 SF
Gross Building Area: See Agent
Gross Land Area: 5.88 Acres
Sale Price: $9,300,000
Unit Price: $136.75 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: 410 Amherst Street
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 12/1/2022

Overview / Comments

Please note, this is an investment sale and therefore a cooperating brokerage commission is not offered. Brokers representing potential purchases need to obtain their fee from their client.

If you are looking for a conveniently located peaceful work environment, the beautifully landscaped, serene campus of Birch Pond Office Park is for you! WiFi and outdoor seating by the beautiful pond, stunning new interior finishes, plentiful area amenities combined with exceptional highway access make 410 Amherst Street the best location north of the border.

The renovations at Birch Pond Office Park are complete. The property now has new lobby and common area finishes to include new carpeting, paint, artwork, energy efficient LED lighting and ceilings. In addition, all available suites have the same stunning new interior finishes and are ready for occupancy and/or customization to suit a tenant's specific needs.

410 Amherst Street is a Class A 68,255 square foot multi-tenant office building.
Uniquely comprised of three, three-story brick office buildings connected by glass elevator lobbies, 410 Amherst Street offers excellent access to Rt 3/F.E. Everett Turnpike via exits 7 or 8. The property is professionally owned and managed.

Our tenants enjoy a wide range of amenities including -

* Excellent highway access via exits 7 and 8 of the F.E. Everett Turnpike/Route 3
* On-site property management
* Outdoor WiFi and seating around beautiful Birch Pond
* Comcast in addition to the standard telecommunications carriers
* Free on-site parking
* New interior and common area finishes
* Newer roof, walkways and landscaping
* More than 30 restaurants and fast food establishments in the immediate area including 110 Grill, Applebee's, Bertucci's, Bistro 603, Burger King, Chen Yang Li, Chic-Fil-A, Five Guys, Lilac Blossom, Panera Bread, Pressed Cafe and Wendy's - many within walking distance
* Abundance of retail and financial services including three supermarkets on Amherst Street,
* Medical services including the new five-story 140,000 SF "green" Dartmouth-Hitchcock Medical Center less than 1 mile away at Exit 8
* Five major hotels in the immediate area including the full service 198-room Crown Plaza Hotel featuring the Somerset Swim & Fitness Club, the Marriott Courtyard, Extended Stay America, the Hampton Inn adjacent to the park and the new Residence Inn
* Fitness facilities including Gold's Gym and the Somerset Swim & Fitness Club at the Crown Plaza
* Access via Nashua's local transit system, CityBus
* In close proximity to the NH Park & Ride with bus service from Boston Express and the Nashua Transit System

Rent is modified gross and does not include HVAC, tenant electric or janitorial services. Because tenants pay for and control their own HVAC there are NO overtime HVAC charges!

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: City of Nashua
Tax ID/APN: 0000H-00038
Market Type: Medium
Side of Street: South
Road Type: Paved, Highway
Property Visibility: Excellent
Transportation: Bus, Highway, Taxi
Highway Access: Conveniently located 1 mile from both Exits 7 and 8 off the F.E. Everett Turnpike/Route 3.
Airports: Nashua Boire & Manchester Boston Regional
Site Description: Parking: 234 spaces HVAC: Two-stage split heat pump system Wet sprinklered throughout Const.Type: steel w/brick exterior
Area Description: Located on popular Amherst Street/Route 101A surrounded by a wide range of amenities including financial services, retail, restaurants and medical services.
Total Number of Buildings: 3
Number of Stories: 3
Year Built: 1983
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Brick
Parking Ratio: 3.5 (per 1000 SF)
Parking Type: Surface
Parking Description: free on-site parking
Total Parking Spaces: 234
Passenger Elevators: 2
Sprinklers: Wet
Air Conditioning: Package Unit
Internet Access: Cable, Satellite, T1/T3
Zoning Description: Airport Industrial
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,345 58,219 120,000
Median Age: 35.97 38 40.04
Households: 2,028 23,345 46,733


Photograph of Listing Agent

Thomas Farrelly

Cushman & Wakefield of NH Inc
NECPE Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.