6 Buttrick Rd 24,984 SF 100% Leased Office Building Londonderry, NH 03053 $5,548,140 CAD ($222.07 CAD/SF) 8.37% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 65,000 residents and 25,000 employees support the surrounding area, average household income of $117,528 within a 1-mile radius.
- Proximity to local and national retailers such as Home Depot, Jersey Mike’s Subs, AMC Classic Londonderry 10, Benson Lumber & Hardware.
- Directly off Nashua Road, less than 2 miles Southwest of Interstate 93, approximately one hour from Boston Logan International Airport.
EXECUTIVE SUMMARY
Office medical building in a prime location positioned off Nashua Road/State Route 102, a primary thoroughfare serving Southeast New Hampshire. The property is less than 2 miles Southwest of Interstate 93 (67,700 VPD), a dominant Interstate Highway serving New England and approximately one hour from Boston Logan International Airport and approximately 15 minutes from the Manchester-Boston Regional Airport. The surrounding area offers strong demographics in a 5-mile area, featuring over 65,000 residents and 25,000 employees. With an average household income of $117,528 within a 1-mile radius and proximity to local and national retailers such as Home Depot, Jersey Mike’s Subs, AMC Classic Londonderry 10, Benson Lumber & Hardware, and Kelsen Brewing Company.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
24,984 SF
Building Class
B
Year Built
1999
Price
$5,548,140 CAD
Price Per SF
$222.07 CAD
Cap Rate
8.37%
NOI
$464,379 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,328 SF
Building FAR
0.24
Lot Size
2.43 AC
Zoning
Commercial
Parking
78 Spaces (3.12 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | LOND-000007-000000-000037-000001 | Improvements Assessment | $6,523,196 CAD |
| Land Assessment | $1,243,496 CAD | Total Assessment | $7,766,692 CAD |
