75 Gilcreast Rd #200, Londonderry, NH 03053 listing details

Investment - 4,875 SF +/- multi-user office facility with excellent cash flow. Long-standing "executive" office suite facility located just off of highly sought out Exit four, I-93 location. 19-20 office suite currently with most units rented. Potential gross Income of $126,192 (calculated with 7% vacancy) with NOI of $83,106 or 16.62 cap rate. One and two room office suites bring in mugh higher price per square foot rental rates and allow for much flexibility. Many of the longer term tenants are now month to month, which could also allow an end-user to purchase the enter unit and reap ...the benefits of leasing the excessive office space for additional income. Perfect for an investor looking for a solid money maker with multi-tenant situation that can spread vacancy risk substantially. This is also an excellent choice for a company looking to have flexibility to expand when needed. Owner could rent out excess space when not needed, but recoup the space from tenants when additiona Show more