16 Route 111 - Medical FOR SALE


Derry, NH 03038
$1,400,000 USD
603-490-4366
16 Route 111, Derry, NH for Sale
$1,400,000 USD
Medical - FOR SALE
1/10
null | Request Cap Rate

16 Route 111
Derry, NH 03038


HIGHLIGHTS

  • Aesthetic, modern construction (1994)
  • Good access from Exit 3, Interstate 93
  • Multiple tenants, variety of services offered
  • Located in a high household income demographic area where service(s) are in demand
  • Restaurant, Golf Course, Event Center, & Walking Paths on site.

OVERVIEW

Building has 9,890 of rentable SF demised into five (5) tenant spaces. The building is a two level ‘at grade’ office/service building that enjoys a mix of professional tenants. A wide variety of commercial, industrial & personal service uses are allowed including: office, schools, daycare, light industry, manufacturing, medical office, retail & restaurants (among other uses) are allowed, subject to Site Plan Approval. The building was approved and constructed as a 10,000 SF building. There are easements with abutting properties for access and the sign. There is an association agreement benefitting the four buildings (16, 34, 42 & 72 Rte 111).

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

Commercial

APN/PARCEL ID

DERY-000004-000000-000129

ASK ABOUT THIS PROPERTY

Chris GoodnowGoodnow RE ServicesMore Info
603-490-4366

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Chris GoodnowGoodnow RE ServicesMore Info
603-490-4366

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