180 Venture Dr Dover, NH 03820
For Lease
This exceptional Class A industrial property, located at 150 Venture Drive in Dover, New Hampshire's Innovative Technology District (IT), offers up to 48,000 square feet of build-to-suit warehouse and distribution space. The facility boasts a high-bay design with impressive 30' to 42' clear ceiling heights and 26' column spacing, maximizing efficiency and storage capacity. Loading and unloading are streamlined with 4 to 5 loading docks equipped with seals and levelers, complemented by 1 to 2 drive-in doors. The property includes municipal water and sewer services and ample parking for both cars and trailers. Each unit includes 5% office space, finished to a high standard with a $30 per square foot tenant improvement allowance included in the lease rate. The strategic location provides easy access to major transportation arteries, being less than five miles from Route 16 and just over two miles from Route 9. This is an unparalleled opportunity for businesses seeking modern, efficient, and strategically located warehouse space in a thriving technology hub. The property is zoned IT, reflecting its suitability for innovative technology companies. The space can be configured as a single 48,000 square foot unit or divided into two units.
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Rochester Times Publishing House Newspaper & Magazine
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Index packaging (Bike/Boat/Book/etc) Store Corporate Office
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Eastern Marketing Services Advertising Agency Marketing & Advertising
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Index Packaging, Inc. Industrial Manufacturer Factory
Innovative Technology (IT). The purpose of this district is to provide appropriate locations for manufacturing, assembly, fabrication, packaging, distribution, laboratory, testing facility, warehousing, wholesaling, publishing and shipping activities that expand the economic base of the City and provide employment opportunities. These areas are located along…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IT · Dover, NHInnovative Technology (IT). The purpose of this district is to provide appropriate locations for manufacturing, assembly, fabrication, packaging, distribution, laboratory, testing facility, warehousing, wholesaling, publishing and shipping activities that expand the economic base of the City and provide employment opportunities. These areas are located along major collector roads away from the downtown area. The newer business parks are located in this district. The minimum lot size in this district is two acres, which encourages larger assembling and manufacturing users. (3) Mixed-use districts. The mixed-use districts are intended to provide suitable areas for a mixture of urban neighborhoods containing residential, commercial, service, retail, and office uses. The mixed-use development is intended to create a sense of community between the mixed uses and facilitate the economical and efficient use of land. The districts are intended to provide housing and employment opportunities for citizens of Dover and the region, to enhance property values, and expand the tax base. Development that uses land efficiently and has high-quality design is encouraged. (a)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
