142 State Route 111 - Freestanding FOR SALE


Hampstead, NH 03841
$8,400,000 USD
603-617-0252
142 State Route 111, Hampstead, NH for Sale
$8,400,000 USD
Freestanding - FOR SALE
1/37
null | Request Cap Rate

142 State Route 111
Hampstead, NH 03841


OVERVIEW

70,040± SF free-standing multi-tenant industrial building, currently operating as an indoor sports facility, is available for sale. 18.5± acre site includes 5.0± buildable acres. Features up to 27’± clear height, 1 drive-in door, partial second floor build-out accessed by an elevator, propane heat, air-conditioned offices and gym, and 197± parking spaces. Commercial zoning allows for repurposing from a sports facility to permitted uses including, but not limited to, warehouse, manufacturing, R&D, and automobile/boat businesses. One tenant, PhanZone Gymnastics, has a lease through November 30, 2026 and all other tenants are at will. Located on the Route 111 commercial corridor, less than 15± minutes to I-93.

FOR SALE DETAILS

PRICE

$8,400,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

PhanZone Sports Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

197

LAND DETAILS

LAND ACRES

18.5 AC

LAND SF

805,860 SF

ZONING

Commercial

APN/PARCEL ID

ATKI-000021-000005

ASK ABOUT THIS PROPERTY

Andrew WardColliersMore Info
603-617-0252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Andrew WardColliersMore Info
603-617-0252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.