Multi-Tenant Industrial
For Sale
Contact for pricing
867 Route 12, Westmoreland, NH 03467
Nine-building industrial park with 90% occupancy anchored by Polyionics, offering a diversified leasing structure.
Property Size61,540 SF
Price / SF$81.25
Days on Market63
Property Features for 867 Route 12
General Information
Standard status
Active
Size
61,540 SF
Total Parking Spaces
73
Property subtype
Industrial
Zoning
C/I - Commercial/Industrial
Occupancy
90%
Lease Type
Gross
Net Operating Income
$235,369
Building Details
Year Built
1987
Year Renovated
2006
Buildings
9
Tenancy
Multi
Listing Agency:
The Stubblebine Company
(781) 862-6168
Listed By:
James Stubblebine · License #MA 9015511
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 9 at 12:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Stubblebine Company
Investment Insights
Based on property information with market context.
Westmoreland Industrial Park is a multi-tenant industrial complex offered for sale at 867 Route 12 (21 Industrial Park Drive) in Westmoreland, New Hampshire. The park includes nine (9) buildings totaling 61,540 square feet, providing a mix of space types within a single ownership platform. Overall occupancy is approximately 90%, with current net operating income stated at $235,369. The property is anchored by Polyonics, Inc., which occupies 23,427 square feet, representing 38% of the gross area. Eight of nine buildings are fully occupied, supporting diversified income across the park.
The asset is positioned on Route 12, offering straightforward access for industrial and flex tenants seeking proximity along a primary commercial corridor. The offering is structured as a multi-building industrial park rather than a single-tenant facility, with a leasing profile that is not confined to one long-term lease cycle.
For industrial investors, owners, and prospective tenants, the park’s multi-building configuration can support flexible occupancy planning and potential re-leasing opportunities. Current leases are described as short-term, which may provide future tenant-readiness for available units while maintaining a largely occupied base. Anchored tenancy plus fully occupied buildings can be useful for operators looking for diversified space within one managed property footprint.
The asset is positioned on Route 12, offering straightforward access for industrial and flex tenants seeking proximity along a primary commercial corridor. The offering is structured as a multi-building industrial park rather than a single-tenant facility, with a leasing profile that is not confined to one long-term lease cycle.
For industrial investors, owners, and prospective tenants, the park’s multi-building configuration can support flexible occupancy planning and potential re-leasing opportunities. Current leases are described as short-term, which may provide future tenant-readiness for available units while maintaining a largely occupied base. Anchored tenancy plus fully occupied buildings can be useful for operators looking for diversified space within one managed property footprint.
Key Highlights
- Nine‑building multi‑tenant industrial park totaling 61,540 SF at 867 NH‑12 (21 Industrial Park Drive) in Westmoreland, NH
- 90% leased with current net operating income (NOI) of $235,369
- Anchored by Polyionics, Inc. (23,427 SF), representing 38% of GLA
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03467, NH
1,706
Population
944
Households
1.8
Avg Household Size
53
Median Age
48%
College-Educated
97%
High-School Grad
35.8 sq mi
ZIP Area
48
Density / Sq Mi
$98,684
Median Household Income
$58,538
Median Earnings
$1,179
Median Rent
$322,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Nine-building industrial park with 90% occupancy anchored by Polyionics, offering a diversified leasing structure.
Where is this flex space located?
The property is located at 867 Route 12 Westmoreland, NH.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Nine‑building multi‑tenant industrial park totaling 61,540 SF at 867 NH‑12 (21 Industrial Park Drive) in Westmoreland, NH; 90% leased with current net operating income (NOI) of $235,369; Anchored by Polyionics, Inc. (23,427 SF), representing 38% of GLA
