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DAVID F. CHOATE, IIIPORTSMOUTH, [email protected]
FOR SALE OR LEASE > EASY COMMUTER LOCATION
Towle Offi ce Park 1 MERRILL INDUSTRIAL DRIVE, HAMPTON, NH 03842
Snapshot > Offi ce Condominiums Building Type Class B offi ce
Year Built 1986
Total Offi ce Park SF 39,415± (30 units in 5 buildings)
Total SF of Condominiums 25,412± (in 17 units)for Sale
Unoccupied SF Unit A4: 1,770± on 2nd fl ooravailable for Lease Unit A5/6: 3,309± on 2nd fl oor Unit D19/20: 2,875± on 1st fl oor
Utilities Municipal water & sewer Natural gas, FHA & Central AC
Zoning Commercial
2016 NNN Expenses PSF Unit A4: $4.22 Unit A5/6: $4.28 Unit D19/20: $4.28
Lease Rate $9.00 NNN
List Price $950,000
LAURA E. FARAGOPORTSMOUTH, [email protected]
COLLIERS INTERNATIONAL500 Market Street, Suite 9
Portsmouth, NH 03801MAIN +1 603 433 7100
www.colliers.com/NewHampshire
DAVID F. CHOATE, IIIPORTSMOUTH, [email protected]
Unit A5/6Unit A5/6
Unit A5/6Unit A5/6
Contact UsLAURA E. FARAGOPORTSMOUTH, [email protected]
DAVID F. CHOATE, IIIPORTSMOUTH, [email protected]
COLLIERS INTERNATIONAL500 Market Street, Suite 9Portsmouth, NH 03801MAIN +1 603 433 7100www.colliers.com/NewHampshire
Property Highlights> Towle Offi ce Park is located just off Route 27 and conveniently close to I-95 and to
Routes 1 and 101 which provide easy access to Maine and Massachusetts
> Opportunity to own 17 offi ce condominiums; 3 of which are currently vacant and being marketed for lease
> Financials are available upon request after execution of a confi dentiality agreement
> Unit A4 is located on the 2nd fl oor; layout includes 3 offi ces with windows, a conference room, a kitchenette, and a half bathroom
> Unit A5/6 is located on the 2nd fl oor; layout includes a reception desk with a waiting area, 4 offi ces, 2 conference rooms, a bullpen area with 8 cubes, a kitchenette, and 2 half bathrooms
> Unit B12 is located on the 2nd fl oor; layout includes a reception area, 6 offi ces, and a bathroom with a shower; available January 2018
> Unit D19/20 is located on the 1st fl oor; layout includes a reception area or open work area, 4 offi ces, 2 bathrooms, and 2 kitchenettes
> Each unit has a free 10’ x 10’ storage area in the attic
> Subfl oors are made of solid concrete providing a quiet work space
> Each building is fully sprinklered
> Other Merrill Drive businesses include LionWise, MaxEdge Fitness Training, Galley Hatch Catering, Foss Manufacturing, Adhesive Technologies, and more
1 Merrill Industrial Drive, Hampton, NH
The information contained herein is from sources deemed reliable, but is not guaranteed by Colliers International | New Hampshire (Colliers). Colliers assumes no
responsibility for matters legal in character, nor does it render an opinion as to the title, which is assumed to be good. Colliers International excludes unequivocally
all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages therefrom. All data is subject
to change of price, error, omissions, other conditions or withdrawal without notice. Colliers welcomes the cooperation of other licensed real estate brokers who
properly register a buyer or tenant with whom a sale or lease is consummated. Colliers is acting as the Seller’s/Lessor’s agent in the marketing of this property.
Colliers International | New Hampshire is independently owned and operated.
TOWLE FARM
ROAD
TOWLE FARM
ROAD
EXETEREXETER ROAD
ROAD
LAFAYETTE ROADLAFAYETTE ROAD
1 MERRILL DRIVE Unit D19/20Unit D19/20
Unit D19/20Unit D19/20
Unit A5/6Unit A5/6
Condominium Units1 MERRILL INDUSTRIAL DRIVE, HAMPTON, NH 03842
SUITE NO. TENANT SF (±) 2016 CONDO FEES 2016 TAXES INDIVIDUAL
LIST PRICE
A1-A3 Murphy, Powers & Wilson, CPAs 5,104 $15,312 $6,152 $204,160
A4-A6 Vacant 5,079 $15,237 $5,328 $203,160
B7 Paladin Healthcare 1,349 $4,047 $1,751 $53,960
B12 ColbyCo Properties 1,354 $4,062 $1,534 $54,160
D19-D20 Vacant 2,857 $8,571 $3,674 $114,280
D21 New Tech Sourcing, LLC 1,610 $4,830 $2,003 $64,400
D22-23 GruntWorx, Inc. 2,829 $8,487 $3,101 $113,160
D24 ADP 1,638 $4,914 $1,775 $65,520
E25-E27 Laugh & Learn 3,693 $11,079 $5,045 $147,720
TOTAL PACKAGE (17 UNITS) 25,513 $76,539 $30,367 $950,000
MERRILL INDUSTRIAL DRIVEMERRILL INDUSTRIAL DRIVE
TOWLE FARM ROAD
TOWLE FARM ROAD
BUILDING E
BUILDING D
BUILDING C
BUILDING B
BUILDING A