Concord Office Property Hits Market


Photo courtesy of Cushman & Wakefield

A 210,353-square-foot office building north of downtown Concord has hit the market for the first time as Pennsylvania-based owner Lincoln Financial Group gradually consolidates its operations.

The largely-wooded 181.6-acre property at 1 Granite Place features two mid-rise buildings connected by a common atrium, with one built in 1975 and the other in 1985. One building is currently ground-leased to a third party through November 2040. That lease generates $50,000 per year beginning in 2025.

Building amenities include a gym and landscaped grounds and 822 parking spaces.

While the built area of the property is zoned for institutional uses and is served by municipal water and sewer, a 106-acre portion of the site is zoned for open space residential development.

Cushman & Wakefield agent Sue Ann Johnson has the listing.