Old Manchester Rd
Raymond, NH 03077

Reduced Price - NHDES Wetlands Fill Permit - In Hand - Substantial Site Engineering Complete This is an exciting opportunity to develop a mixed use and/or industrial distribution center located at one of the last undeveloped exit sites (Exit 4) along highly traveled Route 101 (East/West) corridor between Portsmouth/Seacoast and Manchester. Phase 1 construction begins in the spring of 2020 with the development of the main boulevard into the site and the development of 5 acres of land at the corner of Scribner Road and Old Manchester Road of a MegaX Gas Station/Truck Refueling Center including a Convenience Store, Coffee Shop and Sub Shop. This 35 acre site was previously approved for large scale retail and multifamily development and the owner has invested heavily to complete significant engineering of the site including, existing conditions, topography, soil analysis, traffic impact studies, wetlands survey and NHDES wetlands fill permit. This completed work will save the future developer significant soft dollar costs as compared to other sites in the market and makes this site close to shovel ready for development. Granite Meadows is a great opportunity for a developer to control the entire 35 acres to create a signature development at one of the last remaining exit sites along Route 101. The property is located within the town of Raymond's Economic and Revitalization Zone (ERZ) which provides various tax incentives to employers within the zone. And, town officials are cooperative, easy to work with and are eager to see development occur at this location. This is as close to a shovel ready project as there is in Southern New Hampshire making for quick start develop. The property has conceptual plans showing the potential for a multifamily apartment complex at the back of the property along Scribner Road in combination with the development of an eCommerce Warehouse Distribution Park with one turn "off" and one turn "in" access from Route 101, at Exit 4, Raymond, NH, with additional land for future expansion and/or trailer storage. Concepts show the flexibility to build 3/100,000 SF buildings or 1/600,000 SF building. Owner will consider selling 10 acres of land for a specific user or all 35 acres for a master development. Traffic counts passing Exit 4 along Route 101 are in excess of 41,000 vehicles per day and increasing. And, the Manchester Boston Regional Airport is less than 19 miles from this location making this property an ideal location for commuters and distributors.