Hartford Building
Office
for Lease
| Catylist Listing ID: |
30811099 |
| Property Subtypes: |
Office Building
|
| Contiguous Space: |
5,793 SF |
| Building Size (RSF): |
24,711 SF |
| Gross Building Area: |
34,769 SF |
| Lease Rate: |
$30 PSF (Annual)
|
| Base Monthly Rent: |
$14,482 |
| Lease Types: |
NNN |
| Building Name: |
Hartford Building |
| Class of Space: |
Class A |
| Last Updated: |
4/11/2024 |
Overview / Comments
The Hartford Building at the corner of Chestnut and Congress Street sits squarely in the middle of the Music and Arts Hub of Downtown Portsmouth, with the Music Hall, Jimmy's Jazz Club, NOLA Art Gallery and the most recent renovation of the Music Hall Lounge all within a few steps of one another, this handsome building also provides immediate access to the City's other acclaimed locations, e.g. Market Square, Prescott Park, Strawbery Banke, as well as the many City eateries and includes on-site parking at market rate.
*Lobby Renovation* McNabb is underway with plans to completely overhaul the lobby with modern updates, design and furniture. McNabb recently received HDC approval to update exterior doors and move forward with the project, updates to come.
|
| Level/Floor: |
Third |
| Space Available: |
5,793 SF |
| Lease Rate: |
$30 PSF (Annual)
$14,482 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Former GSA Immigration Customs and Enforcement offices, this office is presently comprised of one large executive office (approx 17' x 13'), four private offices of varying sizes with the largest 12' x 13' +/-, a large kitchen/break room as well as seven interior private rooms which can be converted to additional offices, conference rooms, workstations, or easily repurposed for a wellness room.
Located on the third floor of 25 Chestnut Street at the corner of Porter Street, there is a tremendous amount of natural light throughout the space. Views to The Music Hall and off to State Street provide the best of the southeast and southwest exposures. |
| Space Subcategory: |
Office Building |
| Date Available: |
8/16/2022 |
| Lease Term: |
120 Months |
| Space Type: |
New |
| Conference Rooms: |
1 |
| Offices |
8 |
| Kitchen |
Yes |
| Tax Expenses |
$2.77 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
Annual Base Rent Increase 3%
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Taxing Authority: |
City of Portsmouth |
| Tax ID/APN: |
0117-0045-0000 |
| Zoning: |
CD5 |
| Property Located Between: |
Congress and State Streets and along Chestnut Street near Fleet Street |
| Property Visibility: |
Excellent |
| Highway Access: |
I-95, Spaulding Turnpike (Route 16) minutes away to all points north, south and west |
| Site Description: |
Downtown at intersections of Congress and Chestnut Street - very walkable to all that this historic downtown is known for, including local and national musical talents, visual and performing arts, fabulous food offerings, and soon to include a high end cafe on the building's first floor. |
| Area Description: |
Area is comprised of many local spa services, retailers, restaurants and services: including Jane Gee, Runner's Alley, Diversions Puzzle & Games, Jumpin Jay's, Flatbread, Friendly Toast, Maison Navarre, Cafe Mediterraneo, as well as offerings featuring Indian, Mexican and other American fare. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
11,381 SF |
| Year Renovated: |
1999 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Pristine site on one of the more architecturally designed streets in downtown Portsmouth - Chestnut Street - known to many to stop and enjoy its open walking path with meandering curved seating wall for those wishing to take a break and enjoy the fresh air, to a summer evening's stage for the Music Hall's intimate outdoor performances. |
| Parking Type: |
Structure |
| Parking Description: |
Private first level rear parking garage access |
| Total Parking Spaces: |
3 |
| Passenger Elevators: |
1 |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Fine finishes throughout with glass paneled office openings, provide a light and airy environment throughout. Various open work stations and private offices, conference/meeting areas as well as a galley kitchen and other cafe seating for employee lunches or coffee. |
| Zoning Description: |
CD5 |
| Lot Frontage: |
extensive on Congress, Chestnut and Porter Streets |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,213 |
27,268 |
43,375 |
| Median Age: |
40.65 |
42.04 |
42.94 |
| Households: |
4,910 |
12,918 |
19,637 |
|
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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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