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FedEx Ground Net Leased Offering | 883 Industrial Park Rd
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FedEx Ground Net Leased Offering 883 Industrial Park Rd
51,260 SF Industrial Building Littleton, NH 03561 £6,271,631 (£122/SF) 7.75% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- FedEx Ground Net Leased Offering
- Only FedEx Ground serving Northern New Hampshire
- Minimal Landlord Obligations
- Tenant Recently Exercised Five Year Lease Extension Offer, Showing Commitment to the Location
- Tenant has Expanded Once Already, and the 21 AC Site May Allow Further Expansion
- 100% Fee Simple Interest
EXECUTIVE SUMMARY
The subject property is a 51,620 square foot building, leased to FedEx
Ground on a net lease. The tenant recently exercised their five (5) Year
renewal option. The lease is corporately guaranteed. The asset is well
located in Littleton, NH with easy access to Interstate 93.
In Association with ParaSell, Inc. | P: 949.942.6578 | A Licensed New
Hampshire Broker #075195
Ground on a net lease. The tenant recently exercised their five (5) Year
renewal option. The lease is corporately guaranteed. The asset is well
located in Littleton, NH with easy access to Interstate 93.
In Association with ParaSell, Inc. | P: 949.942.6578 | A Licensed New
Hampshire Broker #075195
PROPERTY FACTS
Price | £6,271,631 | Number of Floors | 1 |
Price Per SF | £122 | Year Built/Renovated | 2008/2013 |
Sale Type | Investment | Tenancy | Single |
Net Initial Yield | 7.75% | Parking Ratio | 1.4/1,000 SF |
Property Type | Industrial | Clear Ceiling Height | 22 ft 9 in |
Property Subtype | Distribution | No. Dock-High Doors/Loading | 12 |
Building Class | B | Level Access Doors | 8 |
Lot Size | 21.00 AC | Opportunity Zone |
Yes
|
Rentable Building Area | 51,260 SF |
Price | £6,271,631 |
Price Per SF | £122 |
Sale Type | Investment |
Net Initial Yield | 7.75% |
Property Type | Industrial |
Property Subtype | Distribution |
Building Class | B |
Lot Size | 21.00 AC |
Rentable Building Area | 51,260 SF |
Number of Floors | 1 |
Year Built/Renovated | 2008/2013 |
Tenancy | Single |
Parking Ratio | 1.4/1,000 SF |
Clear Ceiling Height | 22 ft 9 in |
No. Dock-High Doors/Loading | 12 |
Level Access Doors | 8 |
Opportunity Zone |
Yes |
AMENITIES
- Yard
UTILITIES
- Water - City
- Sewer - City
PROPERTY TAXES
Parcel Number | LTLN-000091-000058 | Improvements Assessment | £4,140,369 |
Land Assessment | £209,878 | Total Assessment | £4,350,247 |
PROPERTY TAXES
Parcel Number
LTLN-000091-000058
Land Assessment
£209,878
Improvements Assessment
£4,140,369
Total Assessment
£4,350,247
ZONING
Zoning Code | I (Industrial) |
I (Industrial) |
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FedEx Ground Net Leased Offering | 883 Industrial Park Rd
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