Exeter Retail/ Office-Full Occupancy Sale!

Retail-Commercial for Sale
Catylist Listing ID: 30810299
Property Subtypes: Free-Standing Building, Parking Facility, Street Retail
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.70 Acres
Sale Price: $1,550,000
Unit Price: $193.75 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Average Occupancy Rate: 100
Last Updated: 7/18/2022

Overview / Comments

Fully leased for the investor seeking a high quality property. Built in 2008, this investment property is constructed with attractive Split Block face that catches your eye The large parking lot has room to spare for large group parking. 2.7 acres might have even more room for expansion? Currently 8000 SF of building.
+/- 15,000 VPD with frontage off Rt. 27 (Epping Rd), in Exeter, less than a mile from Exit 9, Rt. 101, the area hosts a variety of businesses, industrial office, and many apartments with more in the planning process. This is Exeter's growth area for the next 20 years. This is offered at over a 6 cap rate, with over $ 94,000 in Net Opertating Income. Dont wait!
Municipal water and sewer. Tenants pay their own utilities.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 08072-055-056-0002
Lot Frontage: 600 ft

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,711 37,719
Median Age: 44.6 43.63
Households: 7,056 14,456
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