4 Peabody Annex Rd C 028 M 025

Office for Sale
Catylist Listing ID: 29983928
Property Subtypes: Business Park, Office Building
Building Size (RSF): 6,180 SF
Gross Land Area: 94,961 SF
Sale Price: $895,000
Unit Price: $144.82 PSF
Ceiling: 8 ft.
Property Use Type: Business
Building Name: Lauralei
Class of Space: Class B
Usable Size (USF): 6,000 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 97
Last Updated: 5/17/2020

Overview / Comments

Builder 2 Acres Derry, Build up to 15,000 Retail, Office, Warehouse, EARN 8% on building value. Get 1 + acres extra land a $200,000 value for $100,000! Perfect LIKEKIND EXCHANGE Existing OFFICE BUILDING Professional SPACE GENERAL COMMERCIAL/LAND Broker's interest


Finance Data Year 2016
Real Estate Taxes - Annual($) $14,609 (Annual)
Assessed Value - Total($) $499,800 (Annual)
Potential Rental Income $86,200 (Annual)
Net Operating Income $54,085 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: dery-000036-000067-000012
Highway Access: hwy 93 exit 4 or 5
Site Description: level
Area Description: office retail residential
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,180 SF
Year Built: 1979
Roof Type: Arched
Construction/Siding: Brick/Vinyl Siding, Wood Frame
Exterior Description: split level
Parking Type: Surface
Parking Description: paved
Total Parking Spaces: 32
Sprinklers: None
Heat Type: Electricity, Other
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: mostly newly remodeled
Zoning Description: General Commercial
Lot Frontage: 148
Lot Depth: 390 ft irreg
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,815 35,302 68,010
Median Age: 36.2 38.66 39.36
Households: 3,459 13,720 24,909


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