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. |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
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