3 Chester TpkeAllenstown, NH 03275

Property Details for 3 Chester Tpke

Year built

1985

Construction

STEEL FRAME

Lot size

1.11 AC

Property size (Sq ft)

4,365 SF

Zone code

B - BU

Property type

Other commercial real estate

Property subtype

Showrooms

APN

ALLE M:00109 L:000029 S:000000

APU

ALLEM00109L000029S000000

Description

This Allenstown, NH property offers a 62,780-square-foot industrial space, ideal for manufacturing, warehousing, or distribution. Currently, 45,840 square feet is available for lease. The single-story building boasts impressive 20- to 27-foot clear ceiling heights, facilitating efficient operations and high-volume storage. The property includes two loading docks and two drive-in doors, ensuring smooth and efficient loading and unloading processes. Power is provided by a robust 400-amp, 3-phase electrical system. Ample parking is available on-site for employees and visitors. Strategically located less than ten minutes from Interstate 93, this property offers excellent access to major transportation routes, simplifying logistics and distribution. The lease rate is $9.50 per square foot, NNN. This property presents a unique opportunity for businesses seeking a functional and well-located industrial space in Merrimack County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,060,847

  6.5%

  $979,244

  7%

  $909,298

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,437,234

  Geo Method

  $1,437,234

• Alternative Use

  Use

  Valuation

  Residential

  $826,029

  Hospitality

  $756,638

  Educational

  $629,514

  Medical

  $651,164

  Retail

  $979,244

Location Insight

City

Allenstown

County

Merrimack

State

New Hampshire

Latitude

43.125

Longitude

-71.4411

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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