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23 Pleasant St
Newfields, NH 03856
100% Leased 7.45% Cap - 13% Pro Forma · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • In Place Cap Rate of 7.45% - Pro Forma Cap Rate of 13% +/-
  • Current NOI of $443,000 - Pro Forma NOI of $812,000 +/-
  • All Due Diligence Files Available Upon NDA - Priced to Sell
  • 100% Occupied Until 12/31/2024 with Option to Renew at Market Rent
  • Rare 50% Below Market Rent - Only 1% Industrial Vacancy Rate in County

PROPERTY FACTS

Property Type
Industrial
  • Industrial Distribution
  • Industrial Warehouse
Lot Size 8.00 AC
Rentable Building Area 116,000 SF
No. Stories 1
Year Built/Renovated 1967/2019
Tenancy Single
Zoning Industrial

UTILITIES

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NFIE-000102-000000-000056-000002-TL
Land Assessment
$1,022,200
Improvements Assessment
$4,083,900
Total Assessment
$5,106,100
  • Listing ID: 26491227

  • Date on Market: 8/25/2022

  • Last Updated:

  • Address: 23 Pleasant St, Newfields, NH 03856

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