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Description

7 Perimeter Road, Manchester, New Hampshire is a first-class 122,235 RSF +/-, single-story office/R&D building situated south of the Mall of NH just off South Willow Street on 9 +/- acres of land, owned by the City of Manchester, NH. The current ground lease runs until June 30, 2043. The building is in good condition and has received recent capital improvements including new HVAC units, new cement flooring and landscaping upgrades. This building can accommodate a wide variety of uses, including office, R&D, manufacturing and warehouse. Ten tenants with staggered, multi-year leases provide ongoing upside potential. 7 Perimeter represents an outstanding opportunity to acquire a significant and well performing property at well below replacement cost, offering strong current cash flow plus the flexibility to increase value through the renewal of staggered lease terms and movement of rents to market. Building price details: $8,450,000.

Property Details

• Type: Industrial
• Status: Available
• Year Built: 1981
• Buildings: 1

Exterior Features

• Parking: Yes
• Parking Spaces: 255
• Parking Type: Surface

Map Locations