Remarks

BRING YOUR OFFERS - Motivated Seller. Exciting New Price of $5,950,000 - 9.6 Cap Rate with 3% annual increases, and almost 3 years left on the Lease. Excellent Investment opportunity or an Ideal hands off 1031 Exchange property. 81 Whittier Highway with 3.85 acres was built in 2014, and is a high quality 28,967 SF Office Building and has been maintained in excellent condition. The Lease renewed in 2022 for 5 years to end of January 2027. In the current year 2024, the net income is at a 9.08 Cap Rate and 3% annual increases, making this an attractive 1031 exchange property for a Buyer. The property serves as the World Headquarters for CruCon Cruise Outlets. Fantastic setting in picturesque Moultonborough, on the North end of Lake Winnipesaukee. Moultonborough has Lake Winnipesaukee at it's South border, and Squam Lake at its West border. Boston Companies - Bring yourself, your business, and your employees to enjoy the NH Lakes Lifestyle.

Details

MLS#: 4955040
Price: $5,950,000

Year Built: 2014

County: Carroll
Lot Size: 167706
Tax Fee: 17904