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$680,000 | $79 per sq.ft. Commercial Property, in 11 Interchange Drive Lebanon NH | Space type Free Standing Building,Retail Strip,Storefront MLS# 4650220



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Listed by James Ward Equity Group Real Estate Broker Inc. 11 Interchange Drive Lebanon NH 03784


DESCRIPTION


8640 SF on 1 ac in W. Lebanon regional retail district just off Rt. 12a. with 960 ft road frontage on 3 sides. Excellent redevelopment site or buy and hold as investment. Estimated NOI $68,300. 10% cap rate with lease bumps and strong demand. Some visibility to Rt. 12a (14,000 vpd) with shared pylon sign. across the street from Macdonald's entrance. Metal and masonry bldg. Separate utilities . town w/s. set up as 4 units. 4400 sf leased with options. balance vacant and short term lease. Expandable. BB heat by oil. Great re-development potential and investment value. Also avail. as package with 8/10 ac. adjacent lot with block bldg. possible leaseback. see map for $1.4M. (total of 2 ac)
Location : Near Shopping

Building Type : Development | Investment | Retail

Sale Includes : Land/Building
Signage-| Adequate
Traffic Count-|
Price per SQFT | 78.70 Net Income| 68300
Gross Income| 112000
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS

CONSTRUCTION:
Metal | Price Per SQ.FT. 78.70 | Year Built: 1978
No. of Units-| 4
Building Size | 8640
Available SQFT | 3200
Divisable SQFT | Yes
Divisable SQFT Min | 1600
Basement: None
Building Type: Development | Investment | Retail
Exterior: Block | Metal
Roof: Metal
Garage And Parking: On-Site | Parking Spaces 11 - 20 | Paved
Road Frontage: 262
Heating: Baseboard
Cooling: Central AC
No. of Docks | 0.
No. of Drive Doors | 8640.
AC % | 100.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 1.08 acres
Zoned: General commercial
Flood Zone: No
Road Frontage: 262
Taxes $15,600  | Assesed Value $0 in