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34 Route 111

24,000 SF Vacant Industrial Building Derry, NH 03038 $3,550,000 ($148/SF)

Investment Highlights

  • Modern construction (2001)
  • Located in a high household income demographic area
  • Good access from Exit 3, Interstate 93
  • An abutter has a ROFR on this asset

Executive Summary

The building was approved and constructed as a 24,000 SF building in 2001. The building is a two story building that can accommodate a wide variety of tenants. A wide variety of commercial, industrial and personal service uses are allowed including: office, schools, daycare, light industry, manufacturing, medical office, retail and restaurants, subject to Town of Derry approval. There are cross easements with abutting properties for access, well radius, fire service and water services. There is an association access agreement benefitting the four buildings. (16, 34, 42 & 72 Rte 111)

Property Facts

Price $3,550,000
Price Per SF $148
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Service
Building Class B
Lot Size 7.63 AC
Rentable Building Area 24,000 SF
No. Stories 2
Year Built 2001
Parking Ratio 5.41/1,000 SF
Clear Ceiling Height 12 FT 6 IN
No. Dock-High Doors/Loading 1

Amenities

  • Storage Space

Utilities

  • Water - Well
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 12,000 SF
  • Industrial
  • Full Build-Out
  • Now

A wide variety of commercial, industrial and personal service uses are allowed including: office, schools, daycare, light industry, manufacturing, medical office, retail and restaurants, subject to Town of Derry approval. There are cross easements with abutting properties for access, well radius, fire service and water services. There is an association access agreement benefitting the four buildings. (16, 34, 42 & 72 Rte 111)

  • 2nd Floor
  • 12,000 SF
  • Industrial
  • Full Build-Out
  • Now

A wide variety of commercial, industrial and personal service uses are allowed including: office, schools, daycare, light industry, manufacturing, medical office, retail and restaurants, subject to Town of Derry approval. There are cross easements with abutting properties for access, well radius, fire service and water services. There is an association access agreement benefitting the four buildings. (16, 34, 42 & 72 Rte 111)

Space Size Space Use Condition Available
1st Floor 12,000 SF Industrial Full Build-Out Now
2nd Floor 12,000 SF Industrial Full Build-Out Now

1st Floor

Size
12,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Floor

Size
12,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 12,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

A wide variety of commercial, industrial and personal service uses are allowed including: office, schools, daycare, light industry, manufacturing, medical office, retail and restaurants, subject to Town of Derry approval. There are cross easements with abutting properties for access, well radius, fire service and water services. There is an association access agreement benefitting the four buildings. (16, 34, 42 & 72 Rte 111)

2nd Floor

Size 12,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

A wide variety of commercial, industrial and personal service uses are allowed including: office, schools, daycare, light industry, manufacturing, medical office, retail and restaurants, subject to Town of Derry approval. There are cross easements with abutting properties for access, well radius, fire service and water services. There is an association access agreement benefitting the four buildings. (16, 34, 42 & 72 Rte 111)

zoning

Zoning Code GC (General Commercial with the benefit of Economic Revitalization Zoning)
GC (General Commercial with the benefit of Economic Revitalization Zoning)
  • Listing ID: 29129663

  • Date on Market: 7/27/2023

  • Last Updated:

  • Address: 34 Route 111, Derry, NH 03038

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