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282 Corporate DrivePortsmouth, NH 03801Price: $1,275,000

  • Price: $1,275,000
  • 174 Days on Market
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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
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  • $1,275,000List Price
  • 15,207Square Feet
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282 Corporate Drive Portsmouth NH 03801
282 Corporate Drive Portsmouth NH 03801
282 Corporate Drive Portsmouth NH 03801
282 Corporate Drive Portsmouth NH 03801
282 Corporate Drive Portsmouth NH 03801

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Listed by Kent White and Caitlin Burke of The Boulos Company
This 15,207± SF freestanding, professional office building is located in Portsmouth's Pease International Tradeport, New Hampshire's premier business park. Less than an hour from downtown Boston and easily accessible from Exit 3 of I-95, the property has over 100 dedicated parking spaces. The Tradeport is currently owned by the Pease Development Authority (PDA), a state agency charged with developing economic activity through long-term leasing. The offering is for a buyer to purchase the seller's remaining building lease term with the PDA, allowing the Buyer to seek an extension of the current lease by as much as 74 years. This would give the new owner additional lease term to help facilitate future renovations or expansion and financing.

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Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 29, 2023 7:54 PM EST.

 

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