This value add investment is currently utilized as a national distribution center and is 100% leased until 12/31/2024 with an option to renew at market rent. The building features 116,000 SF of warehouse/manufacturing space positioned in Rockingham Counties highly demanded Industrial market, with a 1% industrial vacancy rate. The property is leased to Great Bay Home at 50% below market rent, allowing a savvy investor to acquire this rare cash-flowing industrial asset for a fraction of the price. This asset is being offered for just $51/SF, which is half of today's replacement cost. The building offers heavy power, 2 drive-in bays, 5 loading docks, rail access and ample ceiling heights of 13'6''. Take advantage of the in-place cash flow allowing for massive future upside due to the current under-market rent.
Listing Agent: Jeremy Cyrier Agent phone: 617-674-2043 Courtesy of: Mansard Commerical Properties Office phone: 617-674-2043 The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.