510-289-1166
36 Industrial Dr, Londonderry, NH for Sale
Auto Dealership - FOR SALE
1/3
null | 5.75% Cap Rate

36 Industrial Dr
Londonderry, NH 03053


HIGHLIGHTS

  • New Long Term Lease to Tesla (NASDAQ: TSLA) with Above Market Annual Rental Escalations
  • Brand New 2025 Construction on Oversized 8-Acre Lot with Ample Parking: Offers expansion potential to support growing vehicle delivery volumes
  • Investment Grade Tenant: Tesla is rated BBB by S&P and Baa3 by Moody's
  • Strategic Location Approximately 43 Miles from Downtown Boston
  • Neighbors Top-Performing Auto Dealerships: 10 of nearby auto dealers are #1 in the state by annual visits (per Placer.ai)
  • Affluent Demographics: Average Household Income of $141,485 within a 15 mile radius

OVERVIEW

The property is an ideal site for Tesla in line with the company’s site selection criteria. The location benefits from strong intrinsics due to its strategic location serving the Greater Boston market, as well as its proximity to numerous other top-performing auto dealerships. Tesla has found that such locations benefit from high visibility and increased customer traffic and drive increased demand in the markets in which they are located. In addition, Tesla has observed a strong correlation between the addition of new locations in a market and increased demand for Tesla vehicles. In Association with ParaSell, Inc. | P: 949.942.6578 | A Licensed New Hampshire Broker #075195

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesla Sales, Service & Delivery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

299

LAND DETAILS

LAND ACRES

8.32 AC

LAND SF

362,419 SF

ZONING

-

APN/PARCEL ID

LOND-000028-000000-000018-000003

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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