6 Airfield Dr Rye, NH 03870
- Commercial real estate
- 58,905 SF
- 23.90 lot acres
Current Use by Public Records
- Seacoast Climb / Rock Climbing
- Rinse Recovery / Spa And Health Club
- Flight House Gym / Fitness Center
- The Hangar at Airfield Place / Coworking Space
Property Details for 6 Airfield Dr
- Year built
- 2001
- Construction
- STEEL FRAME
- Lot size
- 23.90 lot acres
- Property size
- 58,905 SF
- Zone code
- COM
- Property type
- Commercial real estate
- APN
- RYEE M:010 B:015
- APU
- RYEEM010B015
Description
This exceptional 61,000 square foot facility in Rye, NH, presents a unique investment opportunity within the thriving health and wellness sector. Situated on a generous 23.9-acre lot at 6 Airfield Drive, the building boasts a state-of-the-art design specifically crafted to support businesses in the fitness, health, and wellness industries. The adaptable floor plan allows for customization to meet the diverse needs of various tenants, fostering a collaborative and supportive atmosphere. Current occupants include well-established businesses in the fitness and wellness fields, demonstrating the property's appeal and market viability. The building's amenities are designed to enhance the tenant experience and promote a healthy lifestyle, including a communal cafe, a comfortable community lounge, and shared locker rooms, changing areas, and bathrooms. This property offers a compelling investment opportunity for those seeking a high-quality asset in a rapidly growing market segment. The expansive acreage provides ample space for future expansion or development, further enhancing its long-term potential. The strategic location in Rye, NH, offers excellent accessibility and visibility, attracting a broad range of clientele. This is a chance to acquire a premier wellness center with established tenants and significant growth potential. The asking price is $30 million. The property's design and amenities create a cohesive and supportive environment for businesses dedicated to health and wellness.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $840,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $740,000
- 6.5%
- $775,000
- 7%
- $695,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $680,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $805,000
- Retail
- $895,000
- Mixed-Use
- $660,000
- Hospitality
- $725,000
- Educational
- $645,000
- Residential Income
- $875,000
- Energy
- $875,000
- Income-Based Land
- $700,000
- Food Service
- $770,000
Location Insight
- Map
- Local Demand
- City
- Rye
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -70.8017
- Latitude
- 43.0088
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA