For Sale
$7,250,000

55 Westville Rd Plaistow, NH 03865

62,000 SF Net Leased Industrial Property

Overview

Added:
Dec 11, 2024
Days on market:
137
Exceptional investment opportunity: a 62,000± square foot industrial property in Plaistow, New Hampshire, is available for sale at $7,250,000, offering an 8% cap rate. This single-tenant, net-leased asset boasts 100% occupancy with a long-term tenant, Pexco, LLC, under a lease with four years remaining. The property comprises two buildings: a 57,566± square foot production/warehouse building and a 4,434± square foot storage building, situated on a 4.72-acre lot. The main building features a mix of high-bay (40%) and low-bay (60%) space, including a machine shop and office areas. It's fully sprinklered and benefits from a recently replaced roof (2022). The property is zoned C-1 and includes five loading docks. Built in 1975 and 1996, with renovations completed in 2023, this property offers a strong combination of established tenancy and modern upgrades. Its convenient location, just five minutes from the Massachusetts border and eight minutes from I-495, provides excellent access to major transportation routes. This is a rare opportunity to acquire a stable, high-performing industrial investment in a desirable location. A detailed offering memorandum is available upon request.

Highlights

  • $7,250,000 asking price for a net-leased industrial investment.
  • 62,000 square foot industrial property in Plaistow, NH, consisting of two buildings.
  • 100% occupancy with a long-term tenant (4 years remaining on lease).
  • 8.00% cap rate.
  • 4.72-acre lot with 5 loading docks.
  • Property features a mix of high-bay and low-bay space, a machine shop, and office space.

Property Details for 55 Westville Rd

Property type
Warehouses, Industrial properties
Square Feet
62,000 SF
Year Renovated
2023
Buildings
2
Stories
1
Lot Size (sq. ft)
205,603 SF

Location Insight

City
Plaistow
County
Rockingham
State
New Hampshire
Latitude
42.828088
Longitude
-71.1059961

FAQs

What type of property is this?
Warehouse - 62,000 SF Net Leased Industrial Property
Where is the warehouse located?
The property is located at 55 Westville Rd Plaistow, NH.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: $7,250,000 asking price for a net-leased industrial investment.; 62,000 square foot industrial property in Plaistow, NH, consisting of two buildings.; 100% occupancy with a long-term tenant (4 years remaining on lease).
How can I contact the broker?
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55 Westville Rd
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