99-101 Perimeter Road

Office for Sale
Also listed as Special Purpose, Industrial
Catylist Listing ID: 28696377
Property Subtypes: Flex Space, Net Leased, Office Building, Research & Development, Other
Building Size (RSF): 19,582 SF
Gross Building Area: See Agent
Sale Price: $1,285,000
Unit Price: $65.62 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2018

Overview / Comments

Prolman Realty, Inc. is pleased to represent this unique property offering at the Nashua Airport comprised of the following:

99 Perimeter Road consists of 12,840+/- square feet of office, R&D, and hangar space on .43+/- acres of Airport Industrial land situated on and adjacent to the Nashua Airport.

The main tenant in the building is SSI who occupies 10,952+/- square feet. Two other tenants occupy 1,474+/- square feet on the second floor. The remaining 414+/- square feet on the second floor is vacant.

101 Perimeter Road is a 6,742+/- square foot office/hangar building situated on 0.27+/- acres of Airport Industrial land adjacent to the Nashua Airport Runway. The entire building is leased for six (6) years to Terrafugia, Inc.

In summary, the property could be purchased with multiple options including:

1. Purchase property as an investment with SSI remaining and leasing back their space. Lease rate and terms to be negotiated.

2. Purchase property and occupy the SSI space.

3. Purchase property and occupy a portion of SSI space. The SSI square footage and lease rate and terms to be negotiated.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: MAP E PARCEL 1456, 1463
Zoning: AI
Airports: Nashua Boire Field
Total Number of Buildings: 2
Zoning Description: A1 / Airport Industrial
Land Ownership: Leased

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,607 54,458 116,510
Median Age: 38.54 38.87 39.89
Households: 2,767 22,027 45,509
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.