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16 Swamscott St Newfields, NH 03856

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For Sale
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116,000 SF warehouse/manufacturing space with below market rent.

Building Details

Year built
1967

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Listing Contact
Taylor Saulnier, Ccim
Source: Masscommercialproperties

Listing Agent: Taylor Saulnier, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Industrial Asset with Rail Access

This 116,000 square foot warehouse and manufacturing space is positioned in Rockingham County's industrial market. The property is currently utilized as a national distribution center and is fully leased until December 31, 2023. The building features heavy power, two drive-in bays, five loading docks, rail access, and ceiling heights of 13'6". The property includes income from 55 self-storage units, generating approximately $40,000 annually from a 6,000 square foot area. Situated on 6.5+ acres, the property is located in Newfields, Rockingham County, just 5 minutes from Route 101, bordering Stratham, Exeter, Epping, and Newmarket. The building has been used as a national distribution center since 2009.
Location Intelligence

Current Use by Public Records

Indoor Storage Solutions Storage Facility

Suggested Use

Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom Accounting Firm Storage Facility Garden Center Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Newfields
County
Rockingham
State
New Hampshire
Longitude
-70.9385784
Latitude
43.034582

FAQs

What type of property is this?
Distribution center - 116,000 SF warehouse/manufacturing space with below market rent.
Where is this distribution center located?
The property is located at 16 Swamscott St Newfields, NH.
What are key features of this property?
This property features: - Significant Upside Potential: Leased at 50% below market rent, offering a pro forma cap rate of 13% and a pro forma NOI of $812,000 +/-,; - Strategic Location: Situated in Rockingham County's highly demanded industrial market with a very low 1% vacancy rate, just 5 minutes from RT 101.; - Substantially Below Replacement Cost: Offered at $51/SF, which is half of today's replacement cost.
More about this property
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