Clean Industrial Warehouse for Lease
Industrial
for Lease
| Catylist Listing ID: |
30869976 |
| Property Subtypes: |
Warehouse/Distribution
|
| Contiguous Space: |
24,270 SF |
| Building Size (RSF): |
24,270 SF |
| Gross Building Area: |
134,153 SF |
| Gross Land Area: |
13.96 Acres
|
| Lease Rate: |
$8 PSF (Annual)
|
| Base Monthly Rent: |
$16,180 |
| Lease Types: |
NNN |
| Ceiling: |
15.90 - 17 ft. |
| Docks/Doors: |
2 Docks |
| Building Name: |
Former ThermoFisher Building |
| Usable Size (USF): |
24,270 SF |
| Last Updated: |
4/14/2024 |
Overview / Comments
This manufacturing building is highly visible and located at Exit 4 on Route 16 (Spaulding Turnpike) near the Pease International Tradeport and the Portsmouth Traffic Circle, which connects to I-95. The 24,270 SF space available for sublease from Factory Motor Parts ("FMP") in the former ThermoFisher Scientific building is laid out for a single warehouse user. It consists of a fenced in area, exclusive use of 2 loading docks, and use of common bathrooms.
The property benefits from upgrades made to the General Sullivan Bridge, which spans the Great Bay. The former gridlock during evening and morning rush hours (caused by the two lanes in each direction) was alleviated when four lanes north and south were completed in 2019.
|
| Level/Floor: |
1 |
| Space Available: |
24,270 SF |
| Lease Rate: |
$8 PSF (Annual)
$16,180 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
The 24,270 SF warehouse space is available for sublease immediately and is laid out for a single user. It consists of a 10' high fenced in area, exclusive use of 2 loading docks with levelers, and use of common bathrooms.
Tenant will accept an initial lease term of one (1) year minimum through the sublease of February 28, 2026.
2019 NNN Expenses include Taxes ($0.32 psf) and CAM ($1.47 psf). 2019 Utility Cost is $0.43 psf. |
| Space Subcategory: |
Warehouse/Distribution, Manufacturing |
| Date Available: |
4/1/2024 |
| Space Type: |
Sublet |
| Sublease Expiration Date: |
2/28/2026 |
| Parking Spaces |
384 |
| Tax Expenses |
$0.49 PSF (Annual) |
| Operating Expenses |
$0.28 PSF (Annual) |
| CAM Expenses |
$1.11 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Ceiling |
17 ft. / 15.9 ft. Clear |
| Loading Docks |
2 |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Submarket/Township: |
Portsmouth |
| Taxing Authority: |
Town of Newington |
| Tax ID/APN: |
12-16 |
| Zoning: |
OFFICE |
| Highway Access: |
Exit 4 off Route 16. |
| Airports: |
Portsmouth International Tradeport |
| Area Description: |
Located a short drive to Newington and Portsmouth's vibrant mall and retail areas (Woodbury Ave.) and close to downtown Portsmouth with its many restaurants and quaint shops. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1983 |
| Year Renovated: |
1998 |
| Roof Type: |
Flat |
| Construction/Siding: |
Steel Frame |
| Parking Type: |
Surface |
| Total Parking Spaces: |
384 |
| Column Spacing: |
30' x 40' |
| Sprinklers: |
Wet |
| Amps: |
1,200 |
| Volts: |
480 |
| X-Phase: |
1500 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Lighting: |
Fluorescent |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
16,356 |
49,109 |
| Median Age: |
40.72 |
41.87 |
| Households: |
7,425 |
21,928 |
|
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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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