9 Bobcat WaySandown, NH 03873
- Industrial properties
- 13,270 SF
Property Details for 9 Bobcat Way
- Year built
- 2021
- Lot size
- 5.60 AC
- Property size (Sq ft)
- 13,270 SF
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
Description
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.
Location Insight
- City
- Sandown
- County
- Rockingham
- State
- New Hampshire
- Latitude
- 42.9066
- Longitude
- -71.1855
Comparable in this City
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at support@realmo.com and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.