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H&R Block 199 Heater Rd 8,862 SF 100% Leased Retail Building Lebanon, NH 03766 $2,250,000 ($253.89/SF) 8% Cap Rate
EXECUTIVE SUMMARY
199 Heater Road is a high-profile, Class A office building located in the heart of the Upper Valley. The property includes well maintained grounds and structure and all building systems.
Located very close to I-89, Dartmouth College, Dartmouth Health, and the core of the Upper Valley business community. A great investment and / or a fantastic location for your business.
The purchase price represents an 8% CAP rate with two long-term tenants with NNN leases in place and one space available immediately.
Located very close to I-89, Dartmouth College, Dartmouth Health, and the core of the Upper Valley business community. A great investment and / or a fantastic location for your business.
The purchase price represents an 8% CAP rate with two long-term tenants with NNN leases in place and one space available immediately.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,862 SF
Building Class
C
Year Built
1972
Price
$2,250,000
Price Per SF
$253.89
Cap Rate
8%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.20
Lot Size
1.02 AC
Zoning
RO1
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | LBAN-000064-000032 | Improvements Assessment | $1,265,400 |
| Land Assessment | $498,500 | Total Assessment | $1,763,900 |
PROPERTY TAXES
Parcel Number
LBAN-000064-000032
Land Assessment
$498,500
Improvements Assessment
$1,265,400
Total Assessment
$1,763,900
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H&R Block | 199 Heater Rd
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