List Price: $680,000 | $79 per sq.ft. Commercial
Space type Free Standing Building,Retail Strip,Storefront
Date Listed Friday Jul 28, 2017 | MLS# 4650220
Address: 11 Interchange Drive Lebanon NH
Listed by James Ward Equity Group Real Estate Broker Inc.
Description:
8640 SF on 1 ac in W. Lebanon regional retail district just off Rt. 12a. with 960 ft road frontage on 3 sides. Excellent redevelopment site or buy and hold as investment. Estimated NOI $68,300. 10% cap rate with lease bumps and strong demand. Some visibility to Rt. 12a (14,000 vpd) with shared pylon sign. across the street from Macdonald's entrance. Metal and masonry bldg. Separate utilities . town w/s. set up as 4 units. 4400 sf leased with options. balance vacant and short term lease. Expandable. BB heat by oil. Great re-development potential and investment value. Also avail. as package with 8/10 ac. adjacent lot with block bldg. possible leaseback. see map for $1.4M. (total of 2 ac)
Location : Near Shopping

Building Type : Development | Investment | Retail

Sale Includes : Land/Building

Features
Signage: Adequate
Income
Net Income| 68300
Gross Income| 112000
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1978
Metal
Price Per SQ.FT. 78.70 No. of Units: 4
Building Size : 8640
Available SQFT : 3200
Divisable SQFT : Yes
Divisable SQFT Min : 1600
Building Type: Development | Investment | Retail

ExteriorExterior: Block | Metal
Roof: Metal

InteriorBasement: None

Land Information

Lot size: 1.08 acres
Zoned: General commercial
Flood Zone: No
Road Frontage: 262
Garage And Parking: On-Site | Parking Spaces 11 - 20 | Paved
Road Frontage: 262
No. of Docks | 0.

UtilitiesHeating: Baseboard
Cooling: Central AC
AC % | 100.

Additional Information
Easement - Yes
Row For Other Parcel: Y
Taxes $15,600
Assesed Value Not Reported
Schools

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