75 GILCREAST RD SUITE 3210 & 3101
Office
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30594519 |
| Property Subtypes: |
Business Park, Executive Suites
|
| Condo? |
Yes |
| Building Size (RSF): |
4,851 SF
|
| Gross Building Area: |
26,000 SF |
| Gross Land Area: |
8 Acres
|
| Sale Price: |
$1,250,000 |
| Ceiling: |
8 ft. |
| Property Use Type: |
Investment, Business |
| Building Name: |
Londonderry Square Office Park |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/5/2021 |
Overview / Comments
Sale includes 2 office condominiums. Business Fully Furnished Turnkey Office Work Suites by membership. Brand New completely fit up with all furniture electronic window coverings. Business just opened 2020 and has $8500 a month in gross income with potential to increase to $35,000 a month. Just off exit 4 Hwy 93 on Nashua Rd (Route 102), located at the Londonderry Square Office Park. 4,624 Sf of office space includes mail room (unit 3101: 227 SF and other room 227 sq ft) on the first floor. Unit features multiple half-baths, kitchen with bar counter, cabinetry, many private offices, also offices with desk rental, o Building is serviced by elevator. Easy access to exit 4, I-93, stores, banks, restaurants and more. Close to the large Woodmont Commons Development.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$7,876 (Annual) |
| Potential Rental Income |
$350,000 (Annual) |
| Gross Operating Income |
$150,000 (Annual) |
| Net Operating Income |
$200,000 (Annual) |
| Actual or Proforma Year |
Proforma |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Submarket Type: |
Central Business District |
| Tax ID/APN: |
007 065C 3303 |
| Is Condo?: |
Yes |
| Zoning: |
C1 |
| Property Visibility: |
Excellent |
| Highway Access: |
I-93 exit 4 |
| Airports: |
Manchester - Boston |
| Site Description: |
Level Landscaped |
| Area Description: |
Busy professional downtown Londonderry near the new Woodmont Acres being built now. |
| Total Number of Buildings: |
3 |
| Number of Stories: |
3 |
| Year Built: |
1987 |
| Year Renovated: |
2020 |
| Construction/Siding: |
Wood Frame |
| Exterior Description: |
Vinyl Siding |
| Parking Type: |
Surface |
| Parking Description: |
large parking areas next to building |
| Sprinklers: |
Dry |
| Heat Type: |
Propane |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Newly updated all new furnished offices, common areas |
| Lot Frontage: |
600 ft. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,419 |
32,780 |
66,189 |
| Median Age: |
40.77 |
39.01 |
39.45 |
| Households: |
1,714 |
12,390 |
24,170 |
|
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The information presented herein is provided as is, without warranty of any kind.
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