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Old Granite Portfolio 2 Industrial Properties Offered at $1,700,000 in Manchester, NH
INVESTMENT HIGHLIGHTS
- Downtown Manchester Location – Properties are positioned in the city’s urban core, benefiting from ongoing growth, new development, and strong demand
- Trophy Real Estate Fundamentals – Adjoining assets with long-term value in a walkable, high-demand corridor.
- Secure, Immediate Cash Flow – Sale-leaseback structure with an established tenant ensures stability from day one.
- Proposed 25 Yr term in 5 X 5 Structure (LEASE RATE NEGOTIABLE)
EXECUTIVE SUMMARY
Republic Brewing & Hometown Coffee Roasters Sale leaseback of two local institutions. Leaseback will commence upon sale, LEASE TERMS ARE NEGOTIABLE. Situated on Old Granite Street, this property enjoys a prime downtown address in the heart of New Hampshire’s largest city. The location places you at the nexus of vibrant residential and commercial activity putting a ready customer and workforce base within steps of your door. Seamless connections to major highways including I-293, US 3, and I-93.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) |
ANNUAL |
|---|---|
| Gross Rental Income |
$116,400
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$116,400
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$15,132
|
| Net Operating Income |
$101,268
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $116,400 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $116,400 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $15,132 |
| Net Operating Income | |
|---|---|
| Annual | $101,268 |
PROPERTY FACTS
| Price | $1,700,000 | Number of Properties | 2 |
| Price / SF | $155.85 / SF | Individually For Sale | 0 |
| Sale Conditions | Total Building Size | 10,908 SF | |
| Sale Type | Investment | Total Land Area | 0.35 AC |
| Status | Active |
| Price | $1,700,000 |
| Price / SF | $155.85 / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,908 SF |
| Total Land Area | 0.35 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 72 Old Granite St, Manchester, NH 03101 | Industrial | 7,320 SF | 1900 | - |
| 80 Old Granite St, Manchester, NH 03101 | Industrial | 3,588 SF | 1900 | - |
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