Seacoast crossing ebook

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire Floor Plan / Site Plan

84 PORTSMOUTH

150

D

SEACOAST CROSSING/ 319 NEW ZEALAND ROAD

RO A

EXIT 1

D

EXE TER ROA

NEW ZEALA ND 75.8 ACRES

SEABROOK COMMONS

SEABROOK

E MPSHIR

A

NEW H

TTS CHUSE A S S A M

SOUTHGATE SHOPPING CENTER

AMESBURY

SEACOAST SHOPPING CENTER

R

Property outline is approximate Thomas P. Farrelly, SIOR

Executive Director thomas.farrelly@cushwake.com

EXIT 60

Denis C.J. Dancoes II

Senior Director denis.dancoes@cushwake.com

Sue Ann Johnson

Director sueann.johnson@cushwake.com

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

(603) 628-2800

cushmanwakefield.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire

Seacoast Crossing is a prime 75.8-acre mixed-use redevelopment site prominently situated on Route 107 in Seabrook, New Hampshire. Located less than 1 mile from Exit 1 of I-95, just over the New Hampshire / Massachusetts border, the site has excellent visibility and presence with approximately 870 feet of frontage on Route 107.

Formerly a greyhound racing facility, the site has operated as a non-conforming use of racing, commercial entertainment and gaming. A single-story 80,000 SF building with an open conference area, lounge, liquor license and multiple offices is still in use for charitable gaming operations (gaming license is non-transferable). There are several smaller structures on the site which are no longer in use. The site is predominantly flat, open land with all municipal utilities including natural gas in place. A large portion of the site is paved.

The 26± acres closest to Route 107 are zoned Industrial 3 and have been designated as an Economic Revitalization Zone (ERZ). The 50 acres on the back portion of the site are zoned Rural 1. Numerous concepts for the site have been prepared including a single-user 600,000 SF warehouse/distribution center as well as multi-tenant / multi-use concepts including residential and commercial development.

Given the site’s location and access, Seacoast Crossing is well suited for a variety of uses. Its access to I-95, I-495, Routes 1 and 101, Massachusetts and Maine, make this location ideal for a distribution center or corporate headquarters. Its proximity to the affluent communities of Amesbury, Salisbury, Portsmouth and Rye offer the potential for residential or 55+ community development.

Seabrook’s prominent Route 1 retail corridor is conveniently situated less than five minutes away and is a tax free retail destination for Massachusetts’ and Maine residents. Boston and Manchester are only a 45 minute drive. Superior highway access and proximity to three New England states make Seacoast Crossing an ideal location for any business.

Property Features • Recently completed due diligence materials available include November 2015 Geotechnical Data Report, May 2015 Existing Conditions Site Plan with topography, March 2015 Phase I Environmental Site Assessment, February 2015 Limited Phase II Environmental Site Assessment and September 2013 Wetland Delineation Plan.

• • • • • • •

Located in sales and income tax free New Hampshire 75.8 acre site with 870 feet of frontage on Route 107 Exceptional highway access - 1 mile to I-95, 1.5 miles to Route 1, 4.5 miles to I-495 Tri-state access draws from three labor bases - 2 miles to Massachusetts, 16.5 miles to Maine Airport Access – 16 miles to Pease, 45 miles to Logan and Manchester•Boston Regional Airports All municipal utilities to the site including natural gas Potential for an estimated 670,000 SF of industrial development or mixed-use residential

Thomas P. Farrelly, SIOR

Executive Director thomas.farrelly@cushwake.com

Denis C.J. Dancoes II

Senior Director denis.dancoes@cushwake.com

Sue Ann Johnson

Director sueann.johnson@cushwake.com

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

(603) 628-2800

cushmanwakefield.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

urg

Rochester

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD

93

Seabrook, New Hampshire 4

89

Specifications

Somersworth

20

20 MILE

Concord

LOT SIZE

75.8 acres

FRONTAGE

870' on Route 107

ZONING

± 26 acres are Industrial 3 and designated ERZ ± 50 acres are Rural 1

15 MILE Kittery

10 MILE

± 670,000 SF estimated

UTILITIES

Rye Hampton

Municipal Sewer: Existing 15” diameter pipe exits the property along Route 107 Electric: Unitil

SEACOAST CROSSING

Seabrook

Derry

Natural Gas: Unitil I-95 / Route 107: I-95 / I-495: I-95 / Route 101:

Portsmouth

5 MILE

Municipal Water: Existing 8” service connects to a 10” public town owned system on Route 107

TRAFFIC COUNTS

1

Maine

Dover

EXISTING BUILDING Single-story 80,000 SF building with an open conference area, lounge, and multiple offices DEVELOPMENT POTENTIAL

95

New Hampshire Amesbury

82,000 AADT 104,307 ADT 53,933 ADT

495

DEMOGRAPHICS

3 MILES 5 MILES

POPULATION POPULATION

15,009 49,728

AVERAGE AVERAGE HOUSEHOLD AVG. HOUSEHOLD AGE INCOME AVG. AGE INCOME

$85,383 $91,315

10 MILES

134,747

$105,955

15 MILES

301,001

$101,616

120 MILES

580,178

$100,018

Thomas P. Farrelly, SIOR

Executive Director thomas.farrelly@cushwake.com

93

Haverhill 95

44.83 45.82

1

Massachusetts

46.36

3

43.94 41.35

Chelmsford

Denis C.J. Dancoes II

Senior Director denis.dancoes@cushwake.com

Sue Ann Johnson

Director sueann.johnson@cushwake.com

Wilmington

Danvers

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

128

(603) 628-2800

Beverly

cushmanwakefield.com

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire

NORTH

RURAL 1 RURAL 1

INDUSTRIAL 3 (ERZ) Zoning line is approximate

Thomas P. Farrelly, SIOR

Executive Director thomas.farrelly@cushwake.com

Denis C.J. Dancoes II

Senior Director denis.dancoes@cushwake.com

Sue Ann Johnson

Director sueann.johnson@cushwake.com

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire SEABROOK ASSESSOR’S MAP PLAN

RURAL 1

INDUSTRIAL 3 (ERZ) Zoning line is approximate

RURAL 1

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire

RESIDENTIAL & INDUSTRIAL MIXED-USE CONCEPTUAL PLAN

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

(603) 628-2800

cushmanwakefield.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire

PREDOMINANTLY INDUSTRIAL WITH SMALL RESIDENTIAL CONCEPTUAL PLAN

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

(603) 628-2800

cushmanwakefield.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire

RETAIL, RESIDENTIAL & INDUSTRIAL MIXED-USE CONCEPTUAL PLAN (requires zoning variance)

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

(603) 628-2800

cushmanwakefield.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire 600,000 SF Warehouse / Distribution Conceptual Plan

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

(603) 628-2800

cushmanwakefield.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

MIXED-USE DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Seabrook, New Hampshire

NORTH

W

NE

SEACOAST CROSSING/ 319 NEW ZEALAND ROAD

AN AL

ZE

SEABROOK

D AD RO

EXIT 60

RE HI PS

M HA

W

NE

M

AMESBURY

AS SA CH U

SE TT S

EXIT 1

SOUTHGATE SHOPPING CENTER SEABROOK COMMONS

SEACOAST SHOPPING CENTER

R

Thomas P. Farrelly, SIOR

Executive Director thomas.farrelly@cushwake.com

Denis C.J. Dancoes II

Senior Director denis.dancoes@cushwake.com

Property outline is approximate

Sue Ann Johnson

Director sueann.johnson@cushwake.com

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Westbrook Lebanon

93MIXED-USE

DEVELOPMENT SITE FOR SALE

SEACOAST CROSSING 319 NEW ZEALAND ROAD Laconia

89

Seabrook, New Hampshire 3

4

20

Saco

Sanford

Biddeford

Claremont 5

Rochester 93 20

Dover

Concord

NEW HAMPSHIRE

MAINE

1

Portsmouth

Manchester SEACOAST CROSSING/ 319 NEW ZEALAND ROAD

Keene

Derry

EXIT 1

Amesbury 495

20

93

Haverhill 1

3

95

Chelmsford

Fitchburg Leominster

20

495

190

Clinton Marlborough

2

• <2 minutes to I-95

Beverly

Burlington Woburn

• <5 minutes to Route 1 • <10 minutes to I-495 • 12 minutes to Portsmouth, NH

20 9

Needham128

90

Executive 395 20 Director thomas.farrelly@cushwake.com Southbridge

Exceptional Location 128

MASSACHUSETTS

290

Thomas P. Farrelly, SIOR

Danvers

Wilmington

Gardner

st

dow

95

Somersworth

4

89

Norwood

Denis C.J. Dancoes II

Milford Senior Director denis.dancoes@cushwake.com

95

• 20 minutes to Maine

Boston

• 45 minutes to Boston, MA

Milton 93

Sue Ann Johnson 1

Holbrook Director Abington sueann.johnson@cushwake.com

Webster

24

3

Cushman & Wakefield of New Hampshire, Inc. 650 Elm Street, 4th Floor Manchester, NH 03101

(603) 628-2800

cushmanwakefield.com

Woonsocket

95 of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Valley Falls

Attleboro

495