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Description

This is a significant property in the Central Business District of Rochester, NH. The 18,000 SF building is currently fully leased with medical and office users and a sale today would provide an Investor with a 12%+ Cap Rate. Leases will be ending in early 2011 and will be renegotiated in the next Quarter or new Tenant Leases will be sought by the Seller with similar returns. The Units may range from 16,400 SF to 3,100 SF and are fully ADA compliant with elevator, security system and sprinkler system. Furthermore, the property includes a separately Deeded Main Street development lot that is currently being used for parking for the benefit of this building. Building is also for lease at $10/sf nnn for 1st floor, $9/sf nnn for 2nd Floor and $5/sf nnn for Lower Level all at NNN. Be sure to check out the video with this Offering at http://www.wellcomemat.com/video/5010B97FED Building price details: $1,100,000.

Property Details

• Type: Commercial (Other)
• Status: Available
• Buildings: 1

Map Locations