25 Manchester StMerrimack, NH 03054

Property Details for 25 Manchester St

Year built

2000

Construction

STEEL FRAME

Lot size

4.09 AC

Property size (Sq ft)

66,222 SF

Zone code

INDUST

Property type

Showrooms

APN

MRMK M:0002D L:000004 S:000006

APU

MRMKM0002DL000004S000006

Description

Heron Cove Office Park presents a unique opportunity to lease premium office space in a highly desirable location in southern New Hampshire. This Class A, three-story building, constructed in 2000, offers a total of 66,222 square feet, with 19,465 square feet currently vacant and immediately available. The minimum divisible space is 5,000 square feet, while the maximum contiguous space available is 19,465 square feet, perfect for a variety of business needs. The property boasts state-of-the-art infrastructure, including high-speed internet access, and offers exceptional amenities such as beautifully landscaped grounds, a backup generator, 24-hour video surveillance, and 24-hour key card access. Ample parking is provided at a ratio of 4 spaces per 1,000 square feet. The building is strategically located with convenient access to the Everett Turnpike via Exit 10, placing it within close proximity to major employers such as Consolidated Communications, Anheuser-Busch, BAE Systems, and Elbit Systems. Enjoy the convenience of nearby restaurants, hotels, supermarkets, retail stores, banks, and the Merrimack Premium Outlets. This central location offers easy commutes, being approximately 2.9 miles from Nashua, 9 miles from the Massachusetts border, 11.9 miles from Manchester-Boston Regional Airport (MHT), and 16.6 miles from Manchester. The property is zoned I-1. This is an exceptional opportunity to establish your business in a thriving and well-connected area.

• CAP approach

  CAP return

  Valuation

  6%

  $16,094,258

  6.5%

  $14,856,238

  7%

  $13,795,078

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,804,468

  Geo Method

  $21,804,468

• Alternative Use

  Use

  Valuation

  Residential

  $12,531,793

  Hospitality

  $11,479,055

  Educational

  $9,550,439

  Medical

  $9,878,893

  Retail

  $14,856,238

Location Insight

City

Merrimack

County

Hillsborough

State

New Hampshire

Latitude

42.8034

Longitude

-71.4876

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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