13 Progress Avenue

Industrial for Sale
Catylist Listing ID: 30083473
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 6,921 SF
Gross Building Area: See Agent
Gross Land Area: 0.26 Acres
Sale Price: $295,000
Unit Price: $42.62 PSF
Ceiling: 20 ft. Clear
Drive In Bays: 2 Bays
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/8/2018

Overview / Comments

FOR SALE - 13 Progress Avenue, Nashua, NH. The property is 100% leased through June 2019, with two options to renew.

13 Progress Avenue is comprised of a two-story building containing upper level office space and lower level industrial/storage space, along with an attached single-story industrial building utilized as a service shop. The combined buildings are approximately ±6,921 SF situated on 0.258 acres.

The service shop has two drive-in doors for easy loading. The building is serviced by municipal water and sewer, and is heated by gas. The exterior grounds are neatly landscaped and the back of the property is completely fenced in, offering parking for approximately 12 vehicles. Taxes: $1.35/SF (2016)

13 Progress Avenue is located on the Route 3 South corridor, less than 0.5 miles from the F.E. Everett Turnpike and within five miles of the Massachusetts border.

Attachments & Media

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Nashua
Tax ID/APN: 01400-00012
Highway Access: F.E. Everette Turnpike, Nashua, NH - Exit 5
Airports: Manchester-Boston Regional Airport
Area Description: Mixed use
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1978
Parking Type: Surface
Parking Description: Fenced in parking lot.
Total Parking Spaces: 12
Column Spacing: 1
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,772 80,556 128,014
Median Age: 39.29 39.21 39.6
Households: 4,838 32,510 50,251
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