282 Corporate Dr
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282 Corporate Dr
15,207 SF Office Building Portsmouth, NH 03801 £449,909 (£30/SF)
Investment Highlights
- Direct access off I-95 and the Spaulding Turnpike
- 103 parking spaces
- Possible building expansion
- Loading dock and outside covered deck
- Signage available on pylon sign
Executive Summary
This 15,207± SF freestanding, professional office building is located in Portsmouth’s Pease International Tradeport, New Hampshire’s premier business park. Less than an hour from downtown Boston and easily accessible from Exit 3 of I-95, the property has over 100 dedicated parking spaces.
The Tradeport is currently owned by the Pease Development Authority (PDA), a state agency charged with developing economic activity through long-term leasing. The offering is for a buyer to purchase the seller’s remaining building lease term with the PDA, allowing the Buyer to seek an extension of the current lease by as much as 74 years. This would give the new owner additional lease term to help facilitate future renovations or expansion and financing.
The Tradeport is currently owned by the Pease Development Authority (PDA), a state agency charged with developing economic activity through long-term leasing. The offering is for a buyer to purchase the seller’s remaining building lease term with the PDA, allowing the Buyer to seek an extension of the current lease by as much as 74 years. This would give the new owner additional lease term to help facilitate future renovations or expansion and financing.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
15,207 SF
Building Class
B
Year Built/Renovated
1950/2000
Price
£449,909
Price Per SF
£30
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
15,207 SF
Building FAR
0.07
Land Acres
5.20 AC
Zoning
Bus/Comm
Parking
103 Spaces (6.77 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | PRSM-000315-000002 | Improvements Assessment | £1,694,317 |
| Land Assessment | £0 | Total Assessment | £1,694,317 |
PROPERTY TAXES
Parcel Number
PRSM-000315-000002
Land Assessment
£0
Improvements Assessment
£1,694,317
Total Assessment
£1,694,317
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282 Corporate Dr
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