Furnished Office/R&D Sublease Opportunity

Industrial for Lease
Catylist Listing ID: 30564979
Property Subtypes: Flex Space, Manufacturing, Light Industrial
Contiguous Space: 24,432 SF
Gross Building Area: 58,432 SF
Gross Land Area: 10.53 Acres
Lease Rate: $17.50 PSF (Annual)
Base Monthly Rent: $35,630
Lease Types: Gross Lease
Ceiling: 15 ft.
Docks/Doors: 1 Dock
Drive In Bays: 1 Bay
Last Updated: 12/3/2021

Overview / Comments

Former office and manufacturing facility for JPSA and IPG Photonics, the entire second floor of this outstanding property is fully furnished and available for sublease.

The original 31,622 SF two-story brick office and classroom building was constructed in 1975 for the University of New Hampshire. The property has received more than $4 million in improvements, many in accordance with LEED standards. In 2006 a new HVAC system was installed to include all new ductwork. In 2007 the lobby was expanded and the front of the building now boasts a stunning two-story atrium lobby with custom staircase, elevator and glass curtain wall. In 2011 Phase I of a two-phase expansion was constructed, bringing the total square footage of the building to 58,432 SF. In 2014 the parking lot lighting was replaced with LED lighting, reducing the electric bill for the parking lot by approximately 90%.

This 100% air-conditioned property offers attractive plug & play office/R&D space. The available second floor space is fully furnished and is served by one 2,500 lb. passenger elevator and a 4,000 lb. freight elevator. The subtenant will have access to a tailboard height dock with 9’ x 9’ OH door and levelers and 1 drive-in with a 10' x 10' OH door.

Custom features include hydronic radiant floor natural gas heat in the second floor conference room; an attractive 520 SF second floor deck; a first floor 1,500 SF covered patio; and energy efficient T8 lighting lighting. The second floor office space features an open 15' ceiling with skylights. A second entrance was constructed in 2011 with a separate power feed.

220 Hackett Hill Road is easily accessible via I-293 and I-93. Amenities in the immediate area include an abundance of retail services including a Walmart Supercenter and new Market Basket supermarket, food service and financial services. Downtown Manchester is less than a 10 minute drive. This property is ideal for a US corporate headquarters and offers every modern convenience as well as the privacy of a 10.53 acre lot.

Expand All Available Space

Suite: Entire 2nd floor 24,432 SF $17.50 PSF (Annual) Gross Lease
Level/Floor: 2nd floor
Space Available: 24,432 SF
Lease Rate: $17.50 PSF (Annual)
$35,630 (Monthly)
Lease Type: Gross Lease
Date Available: 2/1/2020
Space Type: Sublet
Offices 13
Kitchen Yes
Tax Expenses $1.75 PSF (Annual)
Rent Escalators Step-Up Lease
Ceiling 15 ft. Clear
Loading Docks 1
Drive In Bays 1

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: City of Manchester
Tax ID/APN: 766-14
Highway Access: 1.3 miles to I-93; 2 miles to the I-93 / I-293 Interchange and to Exit 7 of I-293.
Airports: Less than 10 minutes from Manchester Boston Regional Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1975
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick
Parking Ratio: 3.6 (per 1000 SF)
Parking Type: Structure
Parking Description: 213 paved parking spaces, expandable to 6+/- per 1000 RSF
Total Parking Spaces: 213
Column Spacing: 20 x 30
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 4,800
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Fiber Optic
Zoning Description: Research Park
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,250 41,793 123,394
Median Age: 34.6 38.43 37.01
Households: 3,931 18,004 49,668


Photograph of Listing Agent

Thomas Farrelly

Cushman & Wakefield of NH Inc
NECPE Member
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