*Prepping Foundation* 50,000 SF - Warehouse/Distribution/Fully Funded

Industrial for Lease
Catylist Listing ID: 30648485
Property Subtypes: Cold Storage, Food Processing, Industrial-Business Park, Manufacturing, Light Industrial, Net Leased, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Status: Under Construction
Contiguous Space: 50,000 SF
Building Size (RSF): 50,000 SF
Gross Building Area: 150,000 SF
Gross Land Area: 29.85 Acres
Lease Rate: $7.50 PSF (Annual)
Base Monthly Rent: $31,250
Lease Types: NNN
Ceiling: 30 ft.
Docks/Doors: 4 Docks
Building Name: 49 Innovation Drive
Usable Size (USF): 50,000 SF
Last Updated: 4/22/2021

Overview / Comments

We are pleased to present 49 Innovation Drive in Rochester, New Hampshire. Located at the Granite State Business Park, this 150,000 total square foot warehouse/distribution building features 30 foot clear height ceilings, four 12'x14' loading dock doors and parking for 166 vehicles. With construction beginning this fall, it is expected to be available for occupancy during the summer of 2021. This project is fully funded, site work continues and it on-time.

The Granite State Business Park is home to high tech, advanced manufacturing and medical device applications, including innovative products for the aerospace, health, auto and defense industries.

Rochester, located in Strafford County, is a small city of about 30,000 residents located on the Cocheco River and in the northern area of the Seacoast of New Hampshire. With six highways located in the city, there is quick access to the ocean, lakes region and the mountains for all your recreational activities. Located just 90 minutes north of Boston, 70 Minutes to Portland, 60 Minutes to Manchester and 25 Minutes to Portsmouth. The Lakes Region and White Mountain region is just 30 minutes north from Rochester.

Expand All Available Space

Suite: A 50,000 SF $7.50 PSF (Annual) NNN
Level/Floor: 1
Space Available: 50,000 SF
Lease Rate: $7.50 PSF (Annual)
$31,250 (Monthly)
Lease Type: NNN
Space Description: Unit A, a 50,000 +/- square footage warehouse/distribution space, currently approved for construction and plans for occupancy during the summer of 2021. The front entrance of the space will be shared with the adjacent owner/user with common bathrooms. The office area will be readied for about 1,500 +/- square foot subject to tenants own improvements with room for expansion. The warehouse space will feature 30 foot clear height ceilings with posts 25'x100'. To the rear, there are four 12'x14' loading docks with room for expansion. The property will be separately metered for electricity and natural gas. The flooring will be a 7" slab and the load capacity is anticipated to be 250psf with load applied to a 16"x16" square, spaced 4 feet apart in all directions.

Property and building specifications are from sources deemed to be reliable but could change without notice as construction continues.
Space Subcategory: Warehouse/Distribution, Industrial-Business Park
Date Available: 6/1/2021
Space Type: New
Tax Expenses $1.07 PSF (Annual)
CAM Expenses $1.89 PSF (Annual)
Rent Escalators Step-Up Lease
Ceiling 30 ft. Clear
Loading Docks 4

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Submarket/Township: Dover/Rochester/Somersworth
Submarket Type: Airport District
Taxing Authority: City of Rochester, NH
Tax ID/APN: 0255-0021-0000
Property Located Between: Rochester HIll Road (Route 108) and Airport Drive
Highway Access: Route 95 north to Route 16 north (Spaulding Turnpike) to Exit 9 to north on Route 108
Airports: Skyhaven Airport - Pease International Tradeport
Site Description: somewhat level site, sloping gently to the northeast
Area Description: Granite State Business Park is located just south of the Skyhaven Airport on the southerly side of Rochester, NH. The park is a mix of high tech and technology companies.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2021
Roof Type: Arched
Construction/Siding: Steel Frame
Exterior Description: Aluminum siding
Parking Type: Surface
Parking Description: A total of 166 spaces including 6 accessible spaces. An additional 40 parking spaces could be added if required.
Total Parking Spaces: 166
Column Spacing: 25' x 100'
Sprinklers: Wet
Amps: 1,000
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central, Other
Air Conditioning: Engineered System
Lighting: LED
Internet Access: Cable, Fiber Optic
Interior Description: The interior office will be presented as shown on the building plans with finishes suitable for warehouse/distribution operation.
Zoning Description: GI - General Industrial which allows for a variety of uses but generally classified as warehouse/distribution, light assembly, high technology, light manufacturing, research and development, etc.
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Other
Legal Description: Ask agent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,801 26,315 56,579
Median Age: 40.96 39.9 39.34
Households: 1,033 10,861 22,812
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.