About 11 Tracy Lane
Opportunity to take advantage of a value-add investment, two contiguous retail or office investment condos just off busy Route 102 in Hudson. This location benefits from significant morning and evening traffic between Hudson/ Nashua and Londonderry/ Derry/ Interstate 93. Unit E and Unit F together are 1,600sf with four offices, a conference room, a kitchen in the front; a warehouse, a shipping receiving area with an 8' overhead drive-in door, and an 8x12 storage area in the back. The units feature 12' ceilings, electric heat and power, 100% central air conditioning, and two restrooms. Plenty of parking, great signage, high traffic flow. Units E & F are fully tenanted, with one tenant expiring on 12/31/24 if they don't exercise their option, and the other expires on 8/1/25 unless they exercise their option. This investment currently sits at a 6% cap rate with $12,000+ cash flow. Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. Broker related to Seller.
Features of 11 Tracy Lane
| MLS® # | 4996698 |
|---|---|
| Price | $225,000 |
| Year Built | 1985 |
| Type | Commercial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
Community Information
| Address | 11 Tracy Lane |
|---|---|
| Area | Hudson |
| City | Hudson |
| County | Hillsborough |
| State | NH |
| Zip Code | 03051 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
Exterior
| Roof | Asphalt Shingle |
|---|
Additional Information
| Date Listed | May 21st, 2024 |
|---|---|
| Days on Market | 455 |
| Zoning | BD |
Listing Details
| Agent | Janet Faulkner |
|---|---|
| Office | Keller Williams Realty Success |