41 Safford Dr Swanzey, NH

The property at 41 Safford Drive in Swanzey, NH, consists of 65,150 square feet of hardwood flooring manufacturing space. This facility represents the entirety of the tenant's production footprint. The tenant, Carlisle Wide Plank Floors, Inc., has nearly 60 years of experience in the design, manufacture, and direct sale of luxury, hardwood wide plank flooring, serving residential consumers, designers, architects, and builders. Carlisle's business model combines an internet-driven customer acquisition strategy with a nationwide network of showrooms. Their manufacturing infrastructure supports varied product configurations. The property is located in the Greater Manchester industrial market, which contains approximately 43.7 million square feet of inventory with a 7.0% vacancy rate as of Q2 2025. Market rents average $11.20 per square foot with 1.9% year-over-year growth, while the 10-year average annual rent growth is 5.1%. At the close of the transaction, the tenant will commit to a 15-year lease with fixed annual 2.5-3.0% base rent increases. The tenant has $38.4 million in projected 2025 revenue.