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Listed by Ethan Ash and Viktoria Alkova of Keller Williams Coastal Realty
This recently expanded self storage on Route 4 is now available for sale. 24/7 Self Storage has been in Northwood for approximately 10 years and has expanded through the years, with the last two new buildings erected in 2019. The self storage business and annual rentals from the other industrial tenants provides a healthy CAP rate of 10%+ once stabilized, which is estimated to be approximately mid-to-late 2021 for stabilization. With over 30 acres for potential future development, increasing density over time is an option for the right buyer. This location is 1/2 way between the seacoast and Concord, and serves many smaller residential communities.

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