Sale Leaseback - Dover NH
Retail-Commercial
for Sale
| Catylist Listing ID: |
30872850 |
| Property Subtypes: |
Free-Standing Building, Street Retail
|
| Building Size (RSF): |
10,400 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,750,000 |
| Unit Price: |
$168.27 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/26/2024 |
Overview / Comments
This retail facility in Dover, NH presents a compelling investment opportunity. The seller is offering a 10-year lease with a competitive rate and an additional 10-year option, providing the new owner with stability and the potential for asset appreciation. The seller's intention to utilize the proceeds to enhance and modernize the business and facility further adds to the appeal of this opportunity. With the potential for long-term income and growth, this investment is worth considering for those seeking a stable and promising asset in the burgeoning City of Dover.
Seller will lease back the property for $180,000 per year, NNN, 10-year term with a 10-year option. Contact broker for proposed lease and tenant financial info.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$18,784 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
25043-F00000 |
| Zoning: |
G |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
100 |
| Traffic/Vehicle Count: |
9,100 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
5,200 SF |
| Property Condition: |
Good |
| Year Built: |
1966 |
| Year Renovated: |
2023 |
| Roof Type: |
Gable |
| Parking Description: |
front and rear of the building |
| Lot Frontage: |
100 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,063 |
28,601 |
67,959 |
| Median Age: |
31.4 |
36.48 |
35.72 |
| Households: |
2,883 |
12,665 |
25,329 |
|
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