Tender Corporation

Littleton, NH
Location: New Hampshire


Offering Memorandum
  • Building Size: 117,250 sq/ft
  • Cap Rate: 8.54 %
  • Status: Available
$10,300,000.00

Property Information

  • Type: Industrial
  • Lot Size : 8.24
  • Year Built : 2015
  • Building Size : 117250
  • Cap Rate : 8.54
  • Status : Available

Investment Overview

The Tender Corporation office/manufacturing center is to be located at 944 Industrial Park Road in Littleton, New Hampshire, and is to be 117,250 square feet in size. The building will be leased to the Tender Corporation with a 10- year primary term and two five-year renewal
options. The lease is on a triple-net basis and the tenant is responsible for operating expenses as well as maintenance, providing for minimal landlord responsibility. The facility is designed for the Tender Corporation to consolidate its three current manufacturing and warehouse
facilities into one location, allowing for future growth/expansion.

Tender Corporation headquarters is located in the heart of the White Mountains in Littleton, New Hampshire. The company was founded in 1973, incorporated in 1977, and manufactures the world-famous insect bite treatment, AfterBite, a full line of well-known insect repellents
such as Ben’s and Natrapel, first-aid such as Adventure Medical Kits and Easy Care First Aid kits, survival products with Survive Outdoors Longer and burn remedy products such as AfterBurn. Many of Tender’s products are packaged in innovative ways that allow them to be
convenient to use as well as environmentally friendly.

Littleton is a town in Grafton County, New Hampshire. The population was 5,928 as of the 2010 census. Situated at the edge of the White Mountains, Littleton is bounded on the northwest by the Connecticut River. The primary settlement in town, where 4,412 people resided as of the 2010 census, is defined as the Littleton census-designated place (CDP), and is centered on the intersection of US Route 302 with New Hampshire Route 116, along the Ammonoosuc River.

Overall, this asset presents an opportunity for an investor to acquire a brand new, 117,250-square foot office/manufacturing center with an excellent tenant on a 10-year, triple-net lease with minimal landlord responsibility.

Investment Highlights

NN Lease to Tender Corporation through February 2026, with Two (2) Five-Year Options
Minimal Landlord Responsibility
Tender Corporation has been in Operation Since 1973
Consolidation of Tenant Operations into New Facility
Tenant Commitment to Local Area and Business Growth

Facilities

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Contact Agent

Geoff Ficke

First Vice President Investments Director, Net Leased Properties National Office and Industrial Properties

License: TX 0593051

Nicole Patel

Associate Directory / Capital Markets Specialist

Jennifer Athas

BOR

License: ME DB919281