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: |
9/14/2022 |
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. |
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 |
|
© 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.
|
