16 Swamscott St, Newfields, NH, 03856

This value add investment is currently utilized as a national distribution center and is 100% leased until 12/31/2024 with an option to renew at market rent. The building features 116,000 SF of warehouse/manufacturing space positioned in Rockingham Counties highly demanded Industrial market, with a 1% industrial vacancy rate. The property is leased to Great Bay Home at 50% below market rent, allowing a savvy investor to acquire this rare cash-flowing industrial asset for a fraction of the price. This asset is being offered for just $51/SF, which is half of today's replacement cost. The building offers heavy power, 2 drive-in bays, 5 loading docks, rail access and ample ceiling heights of 13'6''. Take advantage of the in-place cash flow allowing for massive future upside due to the current under-market rent.