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Portsmouth Retail Market 381 Portsmouth Ave

9,000 SF 100% Leased 4-Star Retail Building Greenland, NH 03840 $2,200,000 ($244/SF) 7.32% Cap Rate

Executive Summary

Fully occupied investment property for sale with natural gas, private septic, abundant parking, signalized intersection. Major tenants include Dunkin Donuts, Edward Jones, Citizens Bank, etc. Call for info

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1998
Price
$2,200,000
Price Per SF
$244
Cap Rate
7.32%
NOI
$161,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.20
Land Acres
1.04 AC
Zoning
COM - Commercial, mixed use
Parking
25 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
176 FT on Portsmouth Ave

Amenities

  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GRNL-000000-000004-000021-U000000
Land Assessment
$303,300
Improvements Assessment
$932,300
Total Assessment
$1,235,600
  • Listing ID: 33352482

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 381 Portsmouth Ave, Greenland, NH 03840

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