Listing courtesy of Ronald Fredette, Keller Williams Realty-Metropolitan 603-232-8282


162 Pembroke Rd, Concord, NH, 03301

162 Pembroke Rd, Concord, NH, 03301

1986

Price just reduced on thisQUALITY INVESTMENT PROPERTY FOR SALE: Attractive R&D brick exterior building located Concord NH w/favorable highway access. Full leased, NNN, TRIPLE NET rate. Two tenant office/light manufacturing space with 22,968 SF on 3.96 acres and 80 + parking. Property built 1996 and in meticulous condition w/consistent owner maintenance. Front tenant currently 12,000 SF office space in yr 6 of a 10 yr lease. Tenant 2 leases 11,000 SF w/approx 6000 SF high-tech manufacturing space + 5000 SF office space. Tenant 2 has occupied space for 6 years and is in year one of a two year extension with a 2 year renewable option. This property generates high rental income with superior investor financial indicators. Pro forma indicates approximately 17.3 % cash on cash return, 9.39 cap rates and 1.74 DSCR. Additional financial indicators show projected capital gains growth, due to building and tenant quality.


Status:

Active

Type:

Commercial

Zoning:

Comm

Frontage:

200

Acreage:

3.96

Construction

Brick Exterior

Elementary School:

1550000

School District:

Walker

MLS #:

4079802


Community Info

School Info

Walk Score

Mass Transit

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