Description
Nearly 100,000 square foot industrial, warehouse building for sale in Nashua NH. Cap Rate of 8.5%. This area of Nashua is part of the East Hollis Street plan which includes mixed use, housing and industrial. The building is fully leased, has terrific frontage on three streets with a large paved parking area. All of the units have loading dock access, drive up doors and street entrances. The building has been owned by the same individual for over 25 years, tenants are long term.
Sales Price: $4,990,000
Site Description: Rare opportunity to own 3.32 Acres of land with 96,700 +/- S.F. of prime industrial/ warehouse space in Nashua, NH near the river and highway. The interior space is divided and leased to 8 tenants. Each interior space includes a drive-up loading dock, bays as well as street access doors. All units except for one are front to back with access from Belknap Street on one side and from the parking area on the other. 100% Occupied with current cap rate at 8.5%. Significant upside since the rents are all below market.
This area of Nashua is part of the East Hollis Street plan which includes mixed use, housing and industrial.
Exterior Description: Industrial warehouse that is nearly 100,000 SF, rectangular box with 38 foot ceilings, metal roof, aluminum siding, Infrared Heat System for efficiency and large parking area.
To receive financials on this opportunity, please complete the attached Non-Disclosure Agreement and return to info@FirstStreetBB.com.
Real Estate offered through our Broker, Bean Group, 1-800-450-7784.
Pictures:
