Current Use by Public Records
- PEXCO / Factory / Production Facility
- Pexco (Scandia Plastics) / Industrial Manufacturer / Production Facility
Property Details for 55 Westville Rd
- Lot size
- 4.72 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
Exceptional investment opportunity: a 62,000± square foot industrial property in Plaistow, New Hampshire, is available for sale at $7,250,000, offering an 8% cap rate. This single-tenant, net-leased asset boasts 100% occupancy with a long-term tenant, Pexco, LLC, under a lease with four years remaining. The property comprises two buildings: a 57,566± square foot production/warehouse building and a 4,434± square foot storage building, situated on a 4.72-acre lot. The main building features a mix of high-bay (40%) and low-bay (60%) space, including a machine shop and office areas. It's fully sprinklered and benefits from a recently replaced roof (2022). The property is zoned C-1 and includes five loading docks. Built in 1975 and 1996, with renovations completed in 2023, this property offers a strong combination of established tenancy and modern upgrades. Its convenient location, just five minutes from the Massachusetts border and eight minutes from I-495, provides excellent access to major transportation routes. This is a rare opportunity to acquire a stable, high-performing industrial investment in a desirable location. A detailed offering memorandum is available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plaistow
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -71.106
- Latitude
- 42.8281
