Michael Travis

136 Harvey RoadLondonderry, NH 03053Price: $3,700,000

  • Price: $3,700,000
  • 141 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,700,000List Price
  • 3.6Acreage
  • 40,000Square Feet
Listed by Tom Duffy of Exeter (Cell: 603-303-3039)

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Prime Investment Property at the Manchester Boston Airport: -Fully Leased - 14 tenant offices +/- 39,000 rentable SF Office Park -292,000 NOI - offered at 7.5% cap rate -Priced at $ 101 PSF, far below replacement cost. - lease prices are under market - room to increase rents - excellent highway access -Parking at grade in front of units. The advantage of this property is that is it made up of several smaller, successful business HQ's or regional offices. These are used to house the administrations, databases, computer labs, architects, engineers, and sales meetings. The downsized central office is the NEW TREND in business. The benefit of diversification is clear in the tenancy. Many recent capital improvements. Let your new investment grow with this airport, the new hub of Southern NH! NDA required.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 22, 2024 6:53 PM EST

 

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