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150 Griffin Rd - 150 Griffin Road, Suite 2

3,805 SF Medical Unit Offered at £880,256 in Portsmouth, NH 03801

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Investment Highlights

3,805± SF medical office condominium.
Well maintained and cared for with minimal landlord responsibilities. NNN lease.

Located just off Exit 3 of I-95 and within 1/2 mile of Portsmouth Regional Hospital.
For detailed income and expense information please execute a confidentiality agreement.

Property Facts

Price	£880,256	Building Class	B
Unit Size	3,805 SF	Number of Floors	1
No. Units	1	Typical Floor Size	14,968 SF
Total Building Size	14,968 SF	Year Built	2001
Property Type	Office (Unit) Office Medical	Lot Size	2.40 AC
Sale Type	Investment	Parking Ratio	5/1,000 SF

Price	£880,256
Unit Size	3,805 SF
No. Units	1
Total Building Size	14,968 SF
Property Type	Office (Unit) Office Medical
Sale Type	Investment
Building Class	B
Number of Floors	1
Typical Floor Size	14,968 SF
Year Built	2001
Lot Size	2.40 AC
Parking Ratio	5/1,000 SF

1 Unit Available

Unit 2

Unit Size	3,805 SF	Sale Type	Investment
Price	£880,256	Net Initial Yield	7.78%
Price Per SF	£231.34	NOI	£68,476.11
Unit Use	Medical	No. Parking Spaces	68

Unit Size	3,805 SF
Price	£880,256
Price Per SF	£231.34
Unit Use	Medical
Sale Type	Investment
Net Initial Yield	7.78%
NOI	£68,476.11
No. Parking Spaces	68

Description

3,805± SF medical office condominium.

Sale Notes

Opportunity to purchase 150 Griffin Road, Suite 2, in Portsmouth, New Hampshire. This 3,805± SF medical office condominium is situated in the highly sought-after New Hampshire Seacoast market, offering easy access to Interstate 95, Route 101, and the Spaulding Turnpike (Route 16). Located just off Exit 3 of I-95 and within 1/2 mile of Portsmouth Regional Hospital, the property represents an exceptional opportunity for investors seeking a well-located office asset with a proven history of strong tenancy and reliable cash flow.

zoning

Zoning Code	I (Industrial)
I (Industrial)

Listing ID: 34159678
Date on Market: 11/12/2024
Last Updated:
Address: 150 Griffin Rd, Portsmouth, NH 03801

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150 Griffin Rd, Portsmouth, NH for sale Building Photo- Image 1 of 5 — 150GriffinRd-002

150 Griffin Rd, Portsmouth, NH for sale Building Photo- Image 2 of 5 — 150 Griffin Road Cover

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