SQUARE FEET116,000
MLS#73038793
STATUSPending
PROPERTY TYPECommercial - Industrial
Property Description
This value add investment is currently utilized as a national distribution center and is 100% leased until 12/31/2024 with an option to renew at market rent. The building features 116,000 SF of warehouse/manufacturing space positioned in Rockingham Counties highly demanded Industrial market, with a 1% industrial vacancy rate. The property is leased to Great Bay Home at 50% below market rent, allowing a savvy investor to acquire this rare cash-flowing industrial asset for a fraction of the price. This asset is being offered for just $51/SF, which is half of today's replacement cost. The building offers heavy power, 2 drive-in bays, 5 loading docks, rail access and ample ceiling heights of 13'6''. Take advantage of the in-place cash flow allowing for massive future upside due to the current under-market rent.
Property Features
Property Type: Commercial - Industrial
Lot Size: 5.52 Acres
Taxes: $42,393
Year Built: 1959
Feature Descriptions
Building Area Total: 116000
Business Type: Industrial
Compensation Based On: N/A
Compensation Broker Transaction: 0
Compensation Buyer Agency: 1
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 133
Parcel Number: M:00102 L:000056 S:000002,640182
Parking Total: 75
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: Mansard Commerical Properties
Agent Name: Jeremy Cyrier
Agency Phone: 617-674-2043
Shown By
Agency Title: Coco Early & Associates
Agency Phone:
Disclaimer:
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16 Swamscott St | MLS# 73038793
This commercial property located at 16 Swamscott St, Newfields, NH 03856 is currently listed for sale with an asking price of $5,950,000. Search Newfields real estate on www.cocoearly.com today.