Catylist ID:
#30872100
Sale and Lease-Back Opportunity
Office
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30872100 |
| Property Subtypes: | Business Park, Coworking, Medical, Office Building |
| Status: | Pending/Contingent |
| Building Size (RSF): | 4,800 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $389,000 |
| Unit Price: | $81.04 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller, Sale/Leaseback |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/19/2024 |
Overview / Comments
|
SALE AND LEASE-BACK OPPORTUNITY This 4,800 SF office condo is conveniently located in Nashua between Exit 4 and 5 from the Everett Turnpike and situated within the Northbridge Business Center, which is one of the most professional, well maintained, and landscaped complexes in the area. The space is nicely upgraded and comprised of two contiguous 2,400 SF units (#37 and #38) and consists of ample private offices, reception, conference rooms and open spaces making it an ideal option for many office uses. The Seller would like to lease-back the upper 2,400 SF for 1 year, providing an excellent opportunity for cash flow and expansion space in the future. There is 2,400 SF of vacant space on the lower level with brand new flooring throughout, for an owner to occupy immediately (this could be demised into two 1,200 SF units if desired). |
Additional Details
| Nearest MSA: | Manchester-Nashua |
| County: | Hillsborough |
| Tax ID/APN: | C-2025-37/38 |
| Zoning: | PARK INDISTRIAL (PI) |
| Number of Stories: | 2 |
| Typical SF / Floor: | 2,400 SF |
| Year Built: | 1984 |
| Parking Type: | Surface |
| Parking Description: | Ample Shared |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Air Conditioning: | Package Unit |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,930 | 83,329 | 127,328 |
| Median Age: | 40.34 | 39.12 | 39.37 |
| Households: | 5,372 | 33,681 | 49,965 |
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