282 Corporate Dr, Portsmouth, NH 03801-8008
This exceptional 15,207-square-foot executive office building is situated in Portsmouth, New Hampshire's Pease International Tradeport, a premier business park. Conveniently located less than an hour from downtown Boston and easily accessible from I-95 Exit 3, the property boasts over 103 dedicated parking spaces. Built in 1950 and renovated in 2000, this single-story Class B building sits on a 5.19-acre lot and offers a loading dock and an outside covered deck. The property is zoned for business/commercial use and features ample signage opportunities on a pylon sign. The sale includes the seller's remaining lease term with the Pease Development Authority (PDA), a state agency, offering the potential for a lease extension of up to 74 years. This extended lease term provides flexibility for future renovations, expansion, and financing options. The building's strategic location provides direct access to I-95 and the Spaulding Turnpike, ensuring excellent visibility and accessibility. The potential for building expansion adds further value to this attractive investment opportunity. This freestanding building presents a unique opportunity to acquire a well-maintained, strategically located office building in a thriving business park.
-
Beacon Investigative Solutions Law Firm Security Service
-
Cloudburst Wine Brewery & Distillery Specialty Food Shop
-
Mc Eachern Alec Law Firm
-
Doyle Peter V Law Firm
-
Shaines & McEachern PA Law Firm
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
ABC · Portsmouth, NHPortsmouth. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.