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Building 2 16 Route 111

9,890 SF 100% Leased Office Building Derry, NH 03038 £1,113,409 (£113/SF)

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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).

ATTACHMENTS

16 Rt 111 2025 Mktg Public
Seller financing of 80% 16 Rt 111

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,890 SF
Building Class
B
Year Built
1993
Price
£1,113,409
Price Per SF
£113
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,945 SF
Slab to Slab
10 ft
Building FAR
0.16
Lot Size
1.40 AC
Zoning
Commercial - General Commercial with the benefit of Economic Revitalization Zoning
Parking
35 Spaces (3.54 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Day Care
  • Golf Course
  • Pond
  • Restaurant
  • Signage
  • Central Heating
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PROPERTY TAXES

Parcel Number DERY-000004-000000-000129 Improvements Assessment £615,317
Land Assessment £250,437 Total Assessment £865,755

PROPERTY TAXES

Parcel Number
DERY-000004-000000-000129
Land Assessment
£250,437
Improvements Assessment
£615,317
Total Assessment
£865,755
(603) 490-4366

CONTACT

  • Listing ID: 29129580

  • Date on Market: 27/07/2023

  • Last Updated:

  • Address: 16 Route 111, Derry, NH 03038

The Office Property at 16 Route 111, Derry, NH 03038 is currently available for sale. Contact Goodnow RE Services for more information.

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Building 2 | 16 Route 111
(603) 490-4366 x

Building 2 | 16 Route 111

Chris Goodnow

(603) 490-4366

(603) 490-4366

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