Prime office space for sublease in mill yard

Office for Lease
Catylist Listing ID: 30532689
Property Subtypes: Mixed Use, Office Building, Research & Development
Contiguous Space: 8,465 SF
Gross Building Area: 78,999 SF
Gross Land Area: 3.84 Acres
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $12,697
Lease Types: Gross Lease
In Opportunity Zone? Yes
Class of Space: Class B
Last Updated: 9/21/2020

Overview / Comments

Below market sublease rate offered on 8,465+/-SF professional office space located on the first floor of the 4-story Gateway III converted mill building in downtown Manchester having over five years remaining on sublease term. This very attractive, high quality office space was renovated in 2018 and features large, primarily open cube space (designed for 50-60 employees) along with nine partitioned offices, two conference rooms, private bathrooms and full kitchen area. Space offers panoramic views of the Merrimack River to the west. Office cubes and other office furnishings remaining within this space are also negotiable.

Attachments & Media

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Suite: 1S 8,465 SF $18 PSF (Annual) Gross Lease
Level/Floor: 1
Space Available: 8,465 SF
Lease Rate: $18 PSF (Annual)
$12,697 (Monthly)
Lease Type: Gross Lease
Space Subcategory: Office Building, Research & Development
Date Available: 12/1/2019
Space Type: Sublet
Sublease Expiration Date: 3/31/2025
Conference Rooms: 2
Offices 9
Parking Spaces 24
Tax Expenses $0 PSF (Annual)
Rent Escalators Description Annual 3% escalators in UPCURVE's master lease, but likely negotiable for sublease.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 837-17A
Zoning: MXU-MIXED USE
Number of Stories: 5
Year Built: 1879
Year Renovated: 2018
Parking Type: Surface
Parking Description: 24 spaces allocated to Suite 1S as indicated in 9/21/18 lease amendment, only 3 of the 24 spaces can be designated.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,140 109,930 142,897
Median Age: 33.59 36.88 37.56
Households: 13,910 44,620 57,235

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