Fully leased - perfect 1031 property
Shopping Center
for Sale
| Catylist Listing ID: |
30868232 |
| Property Subtypes: |
Free-Standing Store, Mixed Use, Net Leased
|
| Building Size (RSF): |
5,900 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,445,000 |
| Unit Price: |
$244.92 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/14/2024 |
Overview / Comments
New pavement, striping & siding 2023!
Great opportunity to own fully leased mixed use building returning with incredible rental history and great ROI .92 acres on bustling Rt 1 in the middle of Seabrook thriving " Smithtown Mixed-use" business district. Four retail spaces and two residential units.
Sited ideally on Route 1 with 19,278+/- VPD per NHDOT 2019. MInutes to I-95, Rt 101 & and Massachusetts border
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$7,672 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Tax ID/APN: |
10/3 |
| Zoning: |
6M - SMITHTOWN MIXED-USE |
| Retail Clientele: |
General, Traveler, Tourist, Recreation |
| Property Visibility: |
Excellent |
| Traffic/Vehicle Count: |
19,278 |
| Highway Access: |
Sited directly on Rt 1, minutes to 1-95, Rt 101 & Rt 107. Also minutes from MA border. |
| Airports: |
Pease, Manchester, Logan |
| Site Description: |
flat level lot improved with retail and residential spaces |
| Area Description: |
bustling business community, neighboring companies include Home Depot, Market Basket & Cardi's Furniture |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1972 |
| Year Renovated: |
2005 |
| Zoning Description: |
Smithtown Mixed-use, 6M |
| Lot Frontage: |
247 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,680 |
23,238 |
62,216 |
| Median Age: |
40.68 |
43.93 |
44.31 |
| Households: |
604 |
9,854 |
26,255 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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