31 Sonja Dr - Retail FOR SALE


Rindge, NH 03461
$1,825,981 USD
781-776-4006
31 Sonja Dr, Rindge, NH for Sale
$1,825,981 USD
Retail - FOR SALE
1/8
null | 7.52% Cap Rate

31 Sonja Dr
Rindge, NH 03461


HIGHLIGHTS

  • Long Term Leases
  • Minimal Landlord Responsibilities
  • Strategic Retail Location
  • Franklin Pierce University
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Phase 10 Building, a well-maintained professional center located at 31 Sonja Drive in Rindge, New Hampshire (the “Property”). The Phase 10 Building is a 9,614 square foot professional center on a 3.17-acre parcel that is 100% leased to a complimentary mix of three tenants. The center is leased to Savings Bank of Walpole, Signature Smiles, and Monadnock Orthodontics. Each of the tenants have net leases making it an attractive investment for the passive investor and protecting the in-place cash flow against rising costs of service and labor. The Phase 10 Building is positioned along Sonja Drive which is seconds from, and runs parallel to, US Route 202, the area’s primary commercial and commuter corridor. The Property is adjacent to several national retailers and is across the street from Walmart and Hannaford, the area’s dominant grocer, both of which drive significant traffic to the area. The Property is 1.7-miles from the junction of US Route 202 and MA Route 119 and is 3-miles from Franklin Pierce University. Rindge is a small town located in southern New Hampshire. The town offers convenient access to Keene (20 miles) and Nashua (35 miles), the area’s largest cities. Rindge is also just 40 miles from Manchester, NH and 60 miles from Boston, MA.

FOR SALE DETAILS

PRICE

$1,825,981 USD

PRICE/SF

$190 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Phase 10 Building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.17 AC

LAND SF

138,085 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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