Overview
Industrial Space in Penacook
Located at 77 Merrimack Street in Penacook, NH, this large industrial and mixed-use facility offers municipal water, sewer, and natural gas. Rail access is within 500 feet. The property is situated in the Economic Revitalization Zone - Penacook Tax Increment Finance District. It is near the new Merchants Way development off I-93, which includes Market Basket, Home Goods, and Tesla superchargers, as well as Monitor Way, a proposed mixed-use project with 650 housing units. The property can be subdivided into smaller units, with additional lower ceiling space available with loading docks. Approximately 139,670 square feet of manufacturing, warehousing, and office space remains available. A large amount of the lease space currently has 9- to 14-foot ceilings. Approximately 10,000 square feet of office space is available, plus other areas ideal for office, creative office environments, artisans, and light manufacturing. The building features a combination of steel and wood framing with concrete block and brick construction. Office space has rooftop HVAC (natural gas), and manufacturing heat is provided by rooftop make-up air (natural gas). The property includes three wet sprinkler systems and three dry sprinkler systems, along with a 240 Volt delta main service and a 277/480 volt system. Ample parking and outdoor storage space are available. Tenants include The Concord Monitor, leasing 44,006 square feet of high bay space, Pitco Frialator, leasing over 24,000 square feet, and Company C, leasing 36,000 square feet. The total building size is approximately 190,794 square feet, with approximately 139,670 square feet currently available. Budgeted NNN expenses for 2024 are $2.50 per square foot, which includes Common Area Maintenance (CAM), building insurance, and real estate taxes. The tenant is responsible for their own utilities, interior cleaning, internet, telephone, and NNN expenses.
