Property summary
This exceptional 52,138 square foot multi-tenant warehouse, situated on a 5.03-acre lot at 100 Tri City Road, presents a fantastic opportunity. Built in 1970 and extensively renovated in 2020, this six-story building offers a range of modern amenities. Currently, a 2,335 square foot unit is available, featuring a 14' ceiling height, a 14' x 14' overhead door, and approximately 100 square feet of office space. The unit includes HVAC, 200 amp, 208-volt, 3-phase electrical service, and an ADA-compliant bathroom. The building boasts ceiling heights ranging from 14' to 19', depending on the unit. Individual electric and HVAC metering ensures efficient utility management. The property's convenient location just off Exit 9 of the Spaulding Turnpike provides easy access to major transportation arteries. The zoning allows for multiple uses, including industrial, commercial, and retail. The lease rate is $14.50 per square foot, modified gross, with tenants responsible for heat and electricity. A minimum two-year lease is required. The property includes only two total parking spaces. This is an ideal space for businesses seeking a modern, well-located warehouse facility.
Property profile
VerifiedCap rate & NOI
Current use
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Factory Industrial Manufacturer
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Carpet Cleaning Service Air Duct Cleaning Service
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Warehouse & Storage
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is provided for retail, commercial and light industrial uses in areas where such uses historically have been located, and in which current use densities and features of the land make the rigid application o…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B · Somersworth, NHThis district is provided for retail, commercial and light industrial uses in areas where such uses historically have been located, and in which current use densities and features of the land make the rigid application o…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is provided for retail, commercial and light industrial uses in areas where such uses historically have been located, and in which current use densities and features of the land make the rigid application o…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B in Somersworth, NH.
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