883 Industrial Park Rd Littleton, NH 03561-3955
- Warehouses
- 49,266 SF
- 21.07 lot acres
Current Use by Public Records
- FedEx Drop Box / Mailing Service
Property Details for 883 Industrial Park Rd
- Year built
- 2008
- Construction
- STEEL FRAME
- Lot size
- 21.07 lot acres
- Property size
- 49,266 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- LTLN M:91 B:58 L:
- APU
- LTLNM91B58L
Description
This exceptional investment opportunity presents a 51,260-square-foot warehouse in Littleton, New Hampshire, currently leased to FedEx Ground under an absolute NNN lease with a corporate guarantee. The lease, originally commencing August 31, 2008, has a remaining term of 3.9 years, following a recent 5-year extension exercised by the tenant, demonstrating their commitment to this strategic location. The property boasts a 7.75% cap rate and a strong NOI of $611,161, with an asking price of $7,885,948 ($153.84/sq ft). Situated on a 21-acre lot, this property offers potential for future expansion, given FedEx Ground's existing operations and the ample land available. The property enjoys convenient access to Interstate 93, providing excellent regional connectivity. This is a fee-simple ownership opportunity with minimal landlord responsibilities, backed by the investment-grade credit of FedEx Ground. The lease includes one remaining 5-year option. This is a rare chance to acquire a stable, high-performing net-leased asset with a blue-chip tenant in a prime New Hampshire location. The property is the only FedEx Ground facility serving Northern New Hampshire.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Littleton
- County
- Grafton
- State
- New Hampshire
- Longitude
- -71.7983
- Latitude
- 44.2904
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
