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11 Tracy Ln - Units E & F 1,600 SF Office/Retail Condo Unit Offered at $313,920 CAD in Hudson, NH 03051
INVESTMENT HIGHLIGHTS
- 12' ceilings
- 100% central air conditioning
- High Traffic Flow
- electric heat and power
- Plenty of parking
EXECUTIVE SUMMARY
Opportunity to take advantage of a value-add investment, two contiguous retail or office investment condos just off busy Route 102 in Hudson. This location benefits from significant morning and evening traffic between Hudson/ Nashua and Londonderry/ Derry/ Interstate 93. Unit E and Unit F together are 1,600sf with four offices, a conference room, a kitchen in the front; a warehouse, a shipping receiving area with an 8' overhead drive-in door, and an 8x12 storage area in the back. The units feature 12' ceilings, electric heat and power, 100% central air conditioning, and two restrooms. Plenty of parking, great signage, high traffic flow. Units E & F are fully tenanted, with one tenant expiring on 12/31/24 if they don't exercise their option, and the other expires on 8/1/25 unless they exercise their option. This investment currently sits at a 6% cap rate with $12,000+ cash flow. Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition.
PROPERTY FACTS
| Total Building Size | 10,602 SF | Typical Floor Size | 10,602 SF |
| Property Type | Retail (Condo) | Year Built | 1986 |
| Property Subtype | Storefront | Lot Size | 2.00 AC |
| Building Class | C | Parking Ratio | 3.77/1,000 SF |
| Floors | 1 | ||
| Zoning | BD | ||
| Total Building Size | 10,602 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 10,602 SF |
| Year Built | 1986 |
| Lot Size | 2.00 AC |
| Parking Ratio | 3.77/1,000 SF |
| Zoning | BD |
1 UNIT AVAILABLE
Unit E&F
| Unit Size | 1,600 SF | Sale Type | Investment or Owner User |
| Price | $313,920 CAD | Cap Rate | 6.00% |
| Price Per SF | $196.20 CAD | NOI | $18,835.20 CAD |
| Condo Use | Office/Retail | No. Parking Spaces | 25 |
| Unit Size | 1,600 SF |
| Price | $313,920 CAD |
| Price Per SF | $196.20 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| NOI | $18,835.20 CAD |
| No. Parking Spaces | 25 |
DESCRIPTION
Opportunity to take advantage of a value-add investment, two contiguous retail or office investment condos just off busy Route 102 in Hudson. This location benefits from significant morning and evening traffic between Hudson/ Nashua and Londonderry/ Derry/ Interstate 93. Unit E and Unit F together are 1,600sf with four offices, a conference room, a kitchen in the front; a warehouse, a shipping receiving area with an 8' overhead drive-in door, and an 8x12 storage area in the back. The units feature 12' ceilings, electric heat and power, 100% central air conditioning, and two restrooms. Plenty of parking, great signage, high traffic flow.
SALE NOTES
Units E & F are fully tenanted, with one tenant expiring on 12/31/24 if they don't exercise their option, and the other expires on 8/1/25 unless they exercise their option.
NEARBY MAJOR RETAILERS
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11 Tracy Ln - Units E & F
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