9 Bobcat Way Sandown, NH 03873

This exceptional investment opportunity presents a portfolio of eight industrial flex units totaling 13,270 square feet, situated on a 5.6-acre lot in Sandown, New Hampshire. The property comprises two single-story buildings constructed in 2019 and 2021, featuring 19-foot ceilings and 16-foot garage bay doors. Each unit boasts separate meters for heat and electricity, offering significant value-add potential through rent increases to market rates. Currently operating at 100% occupancy with a gross lease structure, the property generates a current NOI of $126,135, representing a 6.01% cap rate. However, a pro-forma analysis projects a substantial increase in NOI to $205,920, resulting in a 9.81% cap rate, reflecting the potential for significant returns. The property is zoned for commercial use and includes off-street parking, well water, and a septic system. Individual units range in size, with one building offering 8,170 square feet and a second building offering 5,100 square feet. The asking price is $2,100,000, or $262,500 per unit. This offering is ideal for a 1031 exchange. The property features wood frame construction, asphalt pitched roofs, and vinyl siding. Each unit includes a mezzanine office space, ADA-compliant bathrooms, and forced hot air and central air conditioning. This is a rare opportunity to acquire a well-maintained, high-performing industrial portfolio with significant upside potential.