Beautifully Maintained Office Building For Sale or Lease

Office for Lease
Catylist Listing ID: 30395288
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Office Building
Contiguous Space: 725 - 7,099 SF
Building Size (RSF): 7,099 SF
Gross Building Area: 8,355 SF
Gross Land Area: 0.70 Acres
Lease Rate: $11 PSF (Annual)
Base Monthly Rent: $6,507
Lease Types: NN, NNN
Class of Space: Class B
Usable Size (USF): 7,099 SF
Last Updated: 10/30/2020

Overview / Comments

Beautifully maintained commercial office building for sale or lease on Rt 122 in Amherst NH. This high-visibility office building is just feet from busy rt 101A in Amherst. With direct visibility from both 101A and 122, this property provides easy access and high traffic counts. Currently tenanted through February 2020 with a very attractive cap rate, this property provides a great opportunity for an investor looking to invest some 1031 funds or as a new investment property, or an owner user to purchase now and make a nice return until ready to occupy. Could also be subdivided as a muli-tenant building or conversion to other uses per the flexible zoning.

Expand All Available Space

Suite: 103 7,099 SF $11 PSF (Annual) NN,NNN
Level/Floor: 1-4
Space Available: 7,099 SF
Minimum Divisible: 725 SF
Lease Rate: $11 PSF (Annual)
$6,507 (Monthly)
Lease Type: NN,NNN
Space Description: Beautifully maintained commercial office building for lease on Rt 122 in Amherst NH. This high-visibility office building is just feet from busy rt 101A in Amherst. With direct visibility from both 101A and 122, this property provides easy access and high traffic counts. Available March 2020. Flexible commercial zoning allows for many types of office and medical uses.
Space Subcategory: Office Building, Institutional
Date Available: 3/1/2020
Space Type: Relet
Conference Rooms: 2
Offices 16
Tax Expenses $12,384 PSF (Annual)
CAM Expenses $2.06 PSF (Annual)
Rent Escalators Percentage Lease

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 001 023 004
Zoning: C - COMMERCIAL
Property Visibility: Excellent
Highway Access: Rt 3/Everett Turnpike via exit 8, Rt 101
Airports: BOS, MHT
Site Description: Level lot, landscaped, paved, off-street parking
Area Description: Mix of small businesses along state highway
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 2,000 SF
Year Built: 1972
Roof Type: Hip
Construction/Siding: Vinyl Siding
Exterior Description: Vinyl siding
Parking Type: Surface
Parking Description: Paved parking lot
Sprinklers: None
Heat Type: Oil
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Interior Description: Nicely finished offices and reception areas
Zoning Description: C - Commercial
Lot Frontage: 170
Water Service: Well
Sewer Type: Septic
Easements Description: Easement through the adjacent property to access 2 parking spaces
Legal Description: Office building

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,487 55,186
Median Age: 42.03 40.75
Households: 6,471 20,484

Contact

Photograph of Listing Agent

Bob James

Keller Williams Gateway Realty - KW Commercial
NECPE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.