Multitenant Investment and Auto Garage

Retail-Commercial for Sale
Catylist Listing ID: 30793856
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 5,514 SF
Gross Land Area: 4.29 Acres
Sale Price: $1,800,000
Unit Price: $326.44 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Knight's Garage & The Barrington Depot
Usable Size (USF): 5,514 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/5/2022

Overview / Comments

Property consists of 4.29± acres with 3 buildings: a garage with 4 drive-in bays, a fully leased multitenant retail building known as The Barrington Depot, and a mobile home. Excellent signage and great visibility near the signalized intersection at Calef Highway/Route 125 and Littleworth Road/Route 9.
The NOI at The Barrington Depot is $65,054; building is anchored by Aroma Joe’s and two other tenants: Vital Ink Tattoo and Kim’s Kut “n” Kurl.
Located south of Tri-City area on a major commuter corridor, 4 miles from Route 4, 14 miles from Route 101, and 16 miles from I-95.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $19,479 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Submarket/Township: Dover/Rochester/Somersworth
Submarket Type: Central Business District
Taxing Authority: Barrington
Tax ID/APN: Map 238, Lots 49, 49-1 & 49-A
Zoning: COMMERCIAL 1-125
Property Located Between: Route 9 & Mallego Rd.
Property Visibility: Excellent
Largest Nearby Street: Route 9
Feet of Frontage: 425
Traffic/Vehicle Count: 18,845
Site Description: Relatively flat site with 3 existing buildings. Excellent visibility near a signalized intersection.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Average
Year Built: 2011
Roof Type: Other
Parking Type: Surface
Parking Description: Ample parking for all the uses on site.
Sprinklers: None
Heat Type: Oil, Hot Water
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: ISDN
Lot Frontage: 821
Lot Depth: 292
Water Service: Well
Sewer Type: Septic
Land Ownership: Owned by Seller
Legal Description: Map 238, Lots 49, 49-1 & 49-A. Lot 49-A is "The Barrington Depot" building only; no land associated with this lot.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,729 8,315 38,953
Median Age: 40.78 40.66 37.11
Households: 662 3,124 13,695

Contact

© 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.