Pease Tradeport Building For Sale

Office for Sale
Catylist Listing ID: 30836826
Property Subtypes: Business Park, Flex Space, Office Building
Building Size (RSF): 24,750 SF
Gross Building Area: See Agent
Gross Land Area: 10 Acres
Sale Price: $3,000,000
Unit Price: $121.21 PSF
Ceiling: 18 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 5/24/2023

Overview / Comments

Pleased to present the availability of this 24,750 sf two story freestanding flex/office building located on 10.00 acres in Portsmouth, NH.

359 Corporate Drive is located in the Pease International Tradeport, New Hampshire’s premier business park, with frontage on three streets. The building is comprised of 15,680 sf of office on the 1st floor, 7,150 sf of office on the 2nd floor (4,000 sf unfinished), and 1,920 sf of warehouse on the 1st floor with a 10' x 10' drive-in door.

Ground lease through 11/30/2027 with two 10 year options to renew. The roof is outfitted with 99 solar panels with inverters.

Ideal for commuters with direct access from the Spaulding Turnpike and I-95, and just a few minutes from historic downtown Portsmouth.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Portsmouth
Taxing Authority: City of Portsmouth
Tax ID/APN: 0316/ 0001/ 0000/ /
Property Visibility: Good
Highway Access: Ideal location for commuter access with direct access from the Spaulding Turnpike and I-95
Airports: Portsmouth International Airport at Pease
Site Description: Property is situated on 10.00 acres, but owner only pays ground rent on 3.0 acres.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1998
Year Renovated: 2011
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Steel exterior with concrete.
Parking Type: Surface
Total Parking Spaces: 123
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas, Solar
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 1907
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,420 23,528 45,014
Median Age: 36.36 42.02 42.13
Households: 608 10,986 19,993


Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
Photograph of Listing Agent

Abigail K. Bachman

Colliers International NECPE Member
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