Peterborough NH – Andy Fleisher, CCIM,
of NAI Norwood Group, represented the buyer in this sale of investment real estate,
as part of a 1031 Tax Deferred Exchange.
Bradley Vear, CCIM, SIOR, of Vear Commercial Properties, Inc.
represented the seller, 125 Kublin Road, LLC, of East Moriches, NY. John Bosen, attorney for Bosen &
Associates, P.L.L.C., of Portsmouth, NH, assisted the buyer with this 1031
Exchange.
The sale was for a ground
lease to a CVS Pharmacy, located at 125 Dublin Road in Peterborough, NH,
adjacent to a Shaw's Grocery Store. This
location at Dublin Road is also known as the Peterborough Bypass, and NH State
Route 101. The sale price was $2,985,000.
The property was built in 2008, and consists of 1.97 acres of land
improved with a 13,167 square foot drugstore, with prescription
drive-thru. Andrew Fleisher, CCIM, is an
investment real estate specialist with NAI Norwood Group, with offices in
Portsmouth and Bedford, NH. Also
assisting in the sale was Michael Yuras, CCIM, of Cornish & Carey
Commercial Newmark Knight Frank, based in San Mateo, CA.
NAI Norwood
Group is an affiliate of NAI Global, the world’s leading managed network of
independently owned commercial real estate brokerage firms. Through this network of 355 offices in 55
countries, NAI Norwood Group is able to leverage their 40+ years of dedicated
local experience around the world. With our extensive background and strong
local contacts, we are able to assist individual corporations in negotiating
leases, sales, business brokerage, investments, relocation, site selection and
development. For more information please visit www.nainorwoodgroup.com. Or
contact one of our offices: 116 South River Road, Bedford, NH 03110,
(603)668-7000 or 100 Market Street Suite 200, Portsmouth, NH 03801 (603) 431-3001.
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