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Single-Tenant Office

Hooksett GSA Fleet Management Center

1604 Hooksett Rd, Hooksett, NH 03106

Listing Price: $636,000

Cap Rate
7.78%
Rentable SF
2,484
Lot Size
1.12 acres
Year Built
1995

Investment Overview

Smith Office Team of Marcus & Millichap is pleased to present the Hooksett GSA Fleet Management Center, a 1,659 rentable square foot, single-tenant, office building located at 1604 Hooksett Road in Hooksett, New Hampshire. The building was a build-to-suit for GSA Fleet Management in 1993, and it lies on a 1.12 acre parcel. Fleet Management serves a vital role within the GSA, providing vehicle solutions for federal agencies and eligible entities. The building is one of only two Fleet Management Centers in New England. The other center is more than 125 miles away in Connecticut. Fleet Management is in the eighth year of their 10-year lease, which expires on 5/31/24; however, there's a high probability that they'll renew for a few reasons. Fleet Management is directly invested in the building as it was a build-to-suit. Additionally, it'd be difficult for them to relocate, and they're a valued sector within GSA. The building is located in the heart of New England. It fronts U.S. Route 3 and is in close proximity to Interstate 93. Boston, Providence, and Portland are less than two hours away from the property. The Hooksett GSA Fleet Management Center would be a great opportunity for an investor searching for an office building in New England with a strong tenant.

Investment Highlights

  • 1,659 SF, Single-Tenant, Office Building
  • 100% Occupied by GSA Fleet Management
  • Build-to-Suit
  • 1/2 Fleet Management Centers in New England
  • U.S. Government Tenant (S&P AA+ Rating)
  • In Heart of New England

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Financing By

Single-Tenant Office

Hooksett GSA Fleet Management Center

Listing Price: $636,000

Cap Rate
7.78%
Rentable SF
2,484
Lot Size
1.12 acres
Year Built
1995

Investment Highlights

  • 1,659 SF, Single-Tenant, Office Building
  • 100% Occupied by GSA Fleet Management
  • Build-to-Suit
  • 1/2 Fleet Management Centers in New England
  • U.S. Government Tenant (S&P AA+ Rating)
  • In Heart of New England

Investment Overview

Smith Office Team of Marcus & Millichap is pleased to present the Hooksett GSA Fleet Management Center, a 1,659 rentable square foot, single-tenant, office building located at 1604 Hooksett Road in Hooksett, New Hampshire. The building was a build-to-suit for GSA Fleet Management in 1993, and it lies on a 1.12 acre parcel. Fleet Management serves a vital role within the GSA, providing vehicle solutions for federal agencies and eligible entities. The building is one of only two Fleet Management Centers in New England. The other center is more than 125 miles away in Connecticut. Fleet Management is in the eighth year of their 10-year lease, which expires on 5/31/24; however, there's a high probability that they'll renew for a few reasons. Fleet Management is directly invested in the building as it was a build-to-suit. Additionally, it'd be difficult for them to relocate, and they're a valued sector within GSA. The building is located in the heart of New England. It fronts U.S. Route 3 and is in close proximity to Interstate 93. Boston, Providence, and Portland are less than two hours away from the property. The Hooksett GSA Fleet Management Center would be a great opportunity for an investor searching for an office building in New England with a strong tenant.

Exclusively Listed By

Financing By

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