For Sale
$7,885,948

883 Industrial Park Rd Littleton, NH 03561

NH Warehouse, Strong Tenant, Long Lease

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 51,260-square-foot warehouse in Littleton, New Hampshire, currently leased to FedEx Ground under an absolute NNN lease with a corporate guarantee. The lease, originally commencing August 31, 2008, has a remaining term of 3.9 years, following a recent 5-year extension exercised by the tenant, demonstrating their commitment to this strategic location. The property boasts a 7.75% cap rate and a strong NOI of $611,161, with an asking price of $7,885,948 ($153.84/sq ft). Situated on a 21-acre lot, this property offers potential for future expansion, given FedEx Ground's existing operations and the ample land available. The property enjoys convenient access to Interstate 93, providing excellent regional connectivity. This is a fee-simple ownership opportunity with minimal landlord responsibilities, backed by the investment-grade credit of FedEx Ground. The lease includes one remaining 5-year option. This is a rare chance to acquire a stable, high-performing net-leased asset with a blue-chip tenant in a prime New Hampshire location. The property is the only FedEx Ground facility serving Northern New Hampshire.

Highlights

  • Net-leased FedEx Ground facility available.
  • FedEx recently extended their lease for five years.
  • Sole FedEx Ground facility serving Northern New Hampshire.
  • 21-acre site allows for potential future tenant expansion.
  • Low landlord responsibilities.
  • Fee simple ownership.

Property Details for 883 Industrial Park Rd

Property type
Warehouses, Industrial properties
Square Feet
51,260 SF
Lot Size (sq. ft)
914,760 SF

Location Insight

City
Littleton
County
Grafton
State
New Hampshire
Latitude
44.2910904
Longitude
-71.7987086

FAQs

What type of property is this?
Warehouse - NH Warehouse, Strong Tenant, Long Lease
Where is the warehouse located?
The property is located at 883 Industrial Park Rd Littleton, NH.
What is the asking price?
The asking price for this property is $7,885,948.
What are key features of this property?
This property features: Net-leased FedEx Ground facility available.; FedEx recently extended their lease for five years.; Sole FedEx Ground facility serving Northern New Hampshire.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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883 Industrial Park Rd
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