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Listed by Tom Duffy of BHHS Verani Londonderry (Cell: 603-303-3039)
Prime Investment Property at the Manchester Boston Airport: -Fully Leased - 14 tenant offices +/- 39,000 rentable SF Office Park -292,000 NOI - offered at 7.5% cap rate -Priced at $ 101 PSF, far below replacement cost. - lease prices are under market - room to increase rents - excellent highway access -Parking at grade in front of units. The advantage of this property is that is it made up of several smaller, successful business HQ's or regional offices. These are used to house the administrations, databases, computer labs, architects, engineers, and sales meetings. The downsized central office is the NEW TREND in business. The benefit of diversification is clear in the tenancy. Many recent capital improvements. Let your new investment grow with this airport, the new hub of Southern NH! NDA required.

More Info

Tax Information

  • Tax Year2022

Building

  • Year Built1989
  • NumberOfUnitsInCommunity14
  • Square Feet40,000
  • Available Sqft40,000
  • BasementDaylight, Finished, Full, Interior Access, Exterior Access, Stairs - Basement

Exterior

  • ExteriorConcrete

Amenities

  • PricePerSqFt92.5

Other

  • Date Listed10/05/2023
  • View Count3

Basic Information

  • StatusACT
  • Modification Date11/16/2023
  • TypeInvestment, Office
  • List Price$3,700,000
  • Broker NameBHHS Verani Londonderry
  • Listing Agent NameTom Duffy
  • Lister Office NameBHHS Verani Londonderry
  • MLS Number4972902
  • MLS StatusActive

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingGas Heater - Vented

Location

  • Building Number136
  • StreetHarvey Road
  • TownLondonderry
  • StateNH
  • Zip03053
  • CountyRockingham
  • Map28

Property

  • Acreage3.6
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft156,816

Legal

  • Taxes$51,000
  • NOI292000
  • OtherStructuresLand/Building
  • ZoningIndustrial

Map Location

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 2, 2023 3:23 AM EST

 

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