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30882295
30882296

6 Old Prescott Hill Rd, Belmont, NH 03220

HK
MA 9550567, FL 3235244
Marcus & Millichap - Boston
Marcus & Millichap - Boston
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston
$3,100,000
88 days on market
Updated 88 days ago

6 Old Prescott Hill Rd

Details
Property Type Industrial
Sub Type Flex
Square Footage 30,000
Net Rentable (SqFt) 30,000
Units 1
Cap Rate 8.45%
NOI $262,000
Occupancy 100%
Tenancy Single
Brand/Tenant Consolidated Communications
Lease Type NNN
Lease Term 5
Lease Expiration 02/27/2031
Remaining Term 4.7
Price per SqFt $103
Year Built 1975
Buildings 1
Stories 1
Acreage 5.100
Zoning Commercial
Parking Spaces 86 spaces
Parking Per SqFt 2.87
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/28/2026
Ceiling Height 23 ft
Loading Docks 1
Dock High Doors 1

Industrial | 8.45% Cap Rate | 30,000 SF

Marketing description

Marcus & Millichap is pleased to present 6 Old Prescott Hill Rd in Belmont, New Hampshire, a single-tenant NNN industrial investment leased to Consolidated Communications. The 30,000-square-foot facility sits on 5.10 acres and includes 23-foot clear heights, one dock-high door, four drive-in doors, and approximately 2.5 acres of fenced and paved yard space. The property is 100% occupied and leased on a triple-net basis, providing minimal landlord responsibilities.

Consolidated Communications recently executed a five-year lease extension, offering investors stable cash flow through 2030. The property is well positioned within the Lakes Region of New Hampshire and provides strategic access to regional transportation routes serving Northern New England.

Investment highlights

Single-Tenant NNN Investment
30,000 SF industrial facility fully leased to Consolidated Communications on a triple-net lease structure.

Stable Income with Recent Lease Extension
Tenant recently executed a five-year extension providing income through 2030.

Functional Industrial Facility with IOS Component
23' clear heights, dock and drive-in loading, plus approximately 2.5 acres of fenced yard space.

Strong Regional Telecommunications Tenant
Consolidated Communications is an established telecommunications and broadband provider operating across Northern New England.

Listing Contacts

HK
MA 9550567, FL 3235244
Marcus & Millichap - Boston
Marcus & Millichap - Boston
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$262,000.00
$21,833.33/mo

Valuation Metrics

0
DSCR
8.45%
Cap Rate
8.45%
ROI

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Additional Information

Name
Thomas Shihadeh
License
NH 77795
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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