280 S RIVER ROAD Bedford, NH 03110 | Commercial Sale | Business, Industrial, Investment, Office

$6,845,000

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2.2 acres
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Description

PRICE IMPROVEMENT - Top of the line and state of the art newly constructed building in 2020. This investment has a 100% true triple net lease giving the investor an opportunity to acquire a building using cash or a 1031 tax free exchange. Building is leased to a very strong company that deals with long term clients throughout the United States. The interior of the building boast of Class A office space, conference rooms, cafeterias, light manufacturing and assembly areas. This building has 1000 amp electrical service in the new addition and 600 amp in the original building with generator backup, very extensive HVAC system with UV lights in vents to kill viruses and many more interior features. Full one foot thick firewall top to bottom separating the building if needed with a security door. This property also has parking for 80 cars and strategically located shipping dock areas. Located in a prime convenient location in Bedford NH on Route 3 making this an attractive investment for now and in the future. One of Sullivan Construction's most beautifully constructed buildings known as the TRM building. Sale is building only, long term lease in place. Original building built in 1989 with complete refurbishment completed in 2021 and new building addition completed fall of 2020.

Property Details

List Price $7,950,000 Sold Price $6,845,000 List Date 2021-09-07 Sold Date 2022-04-29 MLS ID 4881211 Status Closed Property Type Commercial Sale Business Type Business, Industrial, Investment, Office County NH-Hillsborough Days on Market 132

structure

accessibility features 1st Floor Hrd Surfce Flr, Access Common Use Areas, Access Parking, Access Restrooms, Handicap Modified, Hard Surface Flooring, Low Pile Carpet, Multi- evel Bus w/Elevatr, Paved Parking; basement No Total Baths 0 building area units Square Feet cooling Central AC foundation details Concrete heating Forced Air living area units Square Feet Parking Features On-Site, Parking Spaces 21+, Paved, Unassigned, Visitor roof Flat, Membrane stories 2 year built 2020

characteristics

current use Distribution Facility, Free Standing Building, Light Manufacturing Acres 2 lot size area 2.2 Lot SqFt 95832.0 # of Units 2 view y n No waterfront features No waterfront y n No

tax

tax annual amount 16699.0 tax year 2020 zoning PZ

financial

gross income 334800.0 net operating income 334800.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2 Buyer Agency Comp. Type % Non-Rep Comp. 2 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/19/2024 12:00:02 AM (UTC)