Catylist ID:
#30857933
| Catylist Listing ID: | 30857933 |
| Property Subtypes: | Manufacturing, Light Industrial, Warehouse/Distribution |
| Building Size (RSF): | 80,000 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 25 Acres |
| Sale Price: | $8,500,000 |
| Unit Price: | $106.25 PSF |
| Ceiling: | 22 ft. Clear |
| Docks/Doors: | 5 Docks |
| Drive In Bays: | 1 Bay |
| Property Use Type: | Net Leased Investment (NNN), Vacant/Owner-User |
| Sale Terms: | Cash to Seller, Sale/Leaseback |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/2/2024 |
Overview / Comments
|
80,000 SF industrial building for sale - 45,000 SF available for immediate occupancy. Seller will leaseback 35,000 SF for 7 years at $8.00 PSF NNN with 3% annual increases. Building features 69,000 SF of 22' clear warehouse/manufacturing space with 6,000 SF of first floor office space and 4,800 SF of 2nd floor office space. The available space offers approx. 42,000 SF of 22' clear manufacturing/warehouse and office space on the first floor and 3,025 SF of office space on the second floor. The manufacturing/warehouse floor is 6" steel reinforced concrete slab with armor flex surface. The available space has 3 8 x 10 tailboard height docks (2 have levelers) and one drive-in door. The available space has private men's and women's restrooms within the premises. The 25-acre site provides building and/or parking expansion potential. The property has two 350 foot deep wells and is wet sprinklered throughout. There is a 750,000-gallon fire pond with a 1,200 GPM flow powered by 150 hp Detroit diesel engine as the primary and a 150 hp electric pump as the backup. 95% of the building is air-conditioned and heated by a combination of propane and electric rooftop mounted units with economizers. There are common men's and women's restrooms on the first and second floors (2nd floor restrooms have a shower). This is an excellent opportunity for a growing company looking to own. |
Attachments & Media
Financials
| Finance Data Year | 2023 |
|---|---|
| Real Estate Taxes - Annual($) | $0.98 (Annual) |
Additional Details
| Nearest MSA: | Manchester-Nashua |
| County: | Hillsborough |
| Taxing Authority: | Town of Pelham |
| Tax ID/APN: | 006-129-001 |
| Zoning: | INDUSTRIAL |
| Highway Access: | Located immediately off Route 38/Bridge Street, 2.3 miles to Route 113, 6 miles to I-93. |
| Site Description: | 25-acre partially wooded site. |
| Area Description: | Located directly off Route 38/Bridge St, just north of the Massachusetts border. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Property Condition: | Good |
| Year Built: | 1980 |
| Year Renovated: | 1997 |
| Roof Type: | Flat |
| Construction/Siding: | Brick/Aluminum Siding |
| Parking Type: | Structure |
| Parking Description: | 400 paved parking spaces = 5/1000 parking ratio. New LED lighting in the parking lot. |
| Total Parking Spaces: | 400 |
| Column Spacing: | 30' x 40' |
| Sprinklers: | Wet |
| Amps: | 2,000 |
| Volts: | 277 |
| X-Phase: | 3 |
| Heat Type: | Propane |
| Heat Source: | Ceiling Units |
| Air Conditioning: | Package Unit |
| Lighting: | LED, Fluorescent |
| Internet Access: | Cable |
| Water Service: | Well |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,519 | 47,863 | 168,476 |
| Median Age: | 39.75 | 38.51 | 36.51 |
| Households: | 850 | 17,634 | 60,892 |
Contact
Thomas FarrellyCushman & Wakefield of NH IncNECPE Member |
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