5 Wickers Dr - Warehouse FOR SALE
Wolfeboro, NH 03894 |
$7,995,000 USD
332-345-4202
5 Wickers Dr
Wolfeboro, NH 03894
HIGHLIGHTS
- Rare Absolute Triple Net (NNN) Industrial Lease | Zero (0) Landlord Responsibilities
- Two Percent (2.00%) Rental Increases | Potential Hedge Against Inflation
- Original Twenty (20)-Year Sale Leaseback | Approximately 6.5 Years of Lease Term Remaining | Four (4), Five (5)-Year Options
- Strong Corporate Guarantee | Three (3) Injection Molding Business Merged To Form PSI Molded Plastics in 2017
OVERVIEW
Surmount is pleased to present the Broker Opinion of Value for a PSI Molded Plastics located at 5 Wickers Drive, Wolfeboro, NH 03894. The site consists of roughly 94,400 rentable square feet of building space on an estimated 8.66-acre parcel of land. This PSI Molded Plastics is subject to a 20-year Triple Net (NNN) lease, which commenced 5/9/2013. The current annual rent is $592,472 and has scheduled increases of 2.00% annually.
FOR SALE DETAILS
PRICE
$7,995,000 USD
PRICE/SF
$85 USD /SF
CAP RATE
7.41%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PSI Molded Plastics
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
UTILITIES
Lighting, Water, Sewer
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
8.66
LAND SF
377,230
ZONING
COMMER
APN/PARCEL ID
WOLF-000161-000013
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332-345-4202
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332-345-4202
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